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

Thursday, June 26, 2008

Scan 26 Jun 08

ADX Scan based on closing price on 26 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ABTERRA LTDLong26-Jun-080.08893300022.351914
ARA ASSET MANAGEMENT LIMITEDLong26-Jun-080.7195500022.52219
FIRSTLINK INV CORP LTDLong26-Jun-080.09588800022.582523
INTERRA RESOURCES LIMITEDLong26-Jun-080.2534000024.052918
ROKKO HOLDINGS LTD.Long26-Jun-080.1825500023.452824
STAMFORD TYRES CORPORATIONLTDLong26-Jun-080.35515500022.775049
CAMBRIDGE INDUSTRIAL TRUSTShort26-Jun-080.665276300024.891726
FABCHEM CHINA LIMITEDShort26-Jun-080.37514000020.714044
FUNG CHOI MEDIA GROUP LIMITEDShort26-Jun-080.317700033.553335
KING WAN CORPORATION LIMITEDShort26-Jun-080.15515600029.913644
NEW LAKESIDE HOLDINGS LIMITEDShort26-Jun-080.07590000035.663950
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