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

Monday, June 23, 2008

Scan 23 Jun 08

ADX Scan based on closing price on 23 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ALBEDO LIMITEDLong23-Jun-080.165131000023.025320
STATS CHIPPAC LTDLong23-Jun-081.2237400020.122120
VIBROPOWER CORPORATION LIMITEDLong23-Jun-080.05565000025.224844
COMMUNICATION DESIGN INTL LTDShort23-Jun-080.1814500043.613354
GIKEN SAKATA (S) LIMITEDShort23-Jun-080.0524800026.873761
HENGXIN TECHNOLOGY LTD.Short23-Jun-080.22192800021.723441
SINOTEL TECHNOLOGIES LTD.Short23-Jun-080.27408700020.92328
VALUETRONICS HOLDINGS LIMITEDShort23-Jun-080.21515000025.223642
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