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

Tuesday, June 24, 2008

Scan 24 Jun 08

ADX Scan based on closing price on 24 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ARMSTRONG INDUSTRIAL CORP LTDLong24-Jun-080.37802100031.895823
CREATIVE MASTER BERMUDA LTDLong24-Jun-080.0528900032.185146
FIRSTLINK INV CORP LTDLong24-Jun-080.11052100025.812421
HENGXIN TECHNOLOGY LTD.Long24-Jun-080.2358000022.285329
PAN ASIAN WATER SOLUTIONS LTDLong24-Jun-080.13510700055.176436
STARHUB LTDLong24-Jun-082.8368100026.722517
MAPLETREE LOGISTICS TRUSTShort24-Jun-080.93131300021.592526
MULTISTAR HOLDINGS LIMITEDShort24-Jun-080.07542000037.663237
PCA TECHNOLOGY LIMITEDShort24-Jun-080.11521000027.914244
SINOBEST TECHNOLOGY HLDGS LTD.Short24-Jun-080.0812900041.44397
THAI VILLAGE HOLDINGS LTDShort24-Jun-080.15541500035.372530

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