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

Wednesday, June 4, 2008

Scan 4 Jun 08

ADX Scan based on closing price on 4 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
DELONG HOLDINGS LIMITEDLong4-Jun-083.442700028.33820
FORTUNE REAL ESTATE INV TRUSTLong4-Jun-084.91118400027.152822
GUANGZHAO IND FOREST BIOGRPLTDLong4-Jun-080.17875000020.322921
HL GLOBAL ENTERPRISES LIMITEDLong4-Jun-080.175417100021.74528
SWIBER HOLDINGS LIMITEDLong4-Jun-082.9264200022.252522
CHINA FARM EQUIPMENT LIMITEDShort4-Jun-080.5139000033.572933
CITYSPRING INFRASTRUCT TRUSTShort4-Jun-080.795208400025.82332
EASTGATE TECHNOLOGY W110911Short4-Jun-080.0120000082.252179
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