ADX stands for average directional index. Its value ranges from 0 to 100.

As its name implies ADX is used to measure directional movement. Its value is derived from 2 other indicators +DI and -DI.

In this blog, I will provide list of Singapore Market Stocks based on
1. 13 Period ADX > 20
2. 13 Period +DI crosses over -DI.
3. 13 Period +DI crosses under -DI.
4. Volume trade > 100,000 shares

One important thing to note is I am using freely available stock price information for computing the ADX indicator. The price information is not adjusted for stock dividends and split.

Links
Singapore RSI Scanner
Singapore MACD Scanner
Singapore Trend Analysis
Singapore Trading System

Friday, June 20, 2008

Scan 20 Jun 08

ADX Scan based on closing price on 20 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FASTECH SYNERGY LTDLong20-Jun-080.03558400031.135535
KEDA COMMUNICATIONS LTD.Long20-Jun-080.1125900035.495835
MULTISTAR HOLDINGS LIMITEDLong20-Jun-080.07519200042.563628
PETRA FOODS LIMITEDLong20-Jun-081.071080000312825
SUNVIC CHEMICAL HOLDINGS LTDLong20-Jun-080.371138400025.842221
UNITED FIBER SYSTEM LIMITEDLong20-Jun-080.2151847200023.752720
WANXIANG INTERNATIONAL LIMITEDLong20-Jun-080.125139900020.595032
CHINA GREAT LAND HOLDINGS LTD.Short20-Jun-080.0713600025.053662
JAYA HOLDINGS LTDShort20-Jun-081.6576300031.831718
PARKWAYLIFE REITShort20-Jun-081.2164400023.931927
UNITED OVERSEAS AUSTRALIA LTDShort20-Jun-080.2510400024.484060
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)