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 5, 2008

Scan 5 Jun 08

ADX Scan based on closing price on 5 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AUTRON CORPORATION LIMITEDLong5-Jun-080.045190900031.684029
COURTS SINGAPORE LIMITEDLong5-Jun-080.53542300028.556433
DEVOTION ENERGY GROUP LIMITEDLong5-Jun-080.2237400040.414428
GLOBAL ARIEL LIMITEDLong5-Jun-080.05553600026.232920
LIPPO-MAPLETREEINDORETAILTRUSTLong5-Jun-080.565197200020.732722
CYBER VILLAGE HOLDINGS LIMITEDShort5-Jun-080.03520000024.014355
FIRSTLINK INV CORP LTDShort5-Jun-080.11223500033.642124
LERENO BIO-CHEM LTD.Short5-Jun-080.055104800020.392328
LIANG HUAT ALUMINIUM LTDShort5-Jun-080.03512300023.912535
MAN WAH HOLDINGS LIMITEDShort5-Jun-080.27554400038.852328
MAPLETREE LOGISTICS TRUSTShort5-Jun-080.96558400023.431922
PT BERLIAN LAJU TANKER TBKShort5-Jun-080.312600021.372728
SHANGRI-LA ASIA LIMITEDShort5-Jun-082215000036.14357
SWIBER HOLDINGS LIMITEDShort5-Jun-082.79160300020.852224
SWING MEDIA TECHNOLOGY GRP LTDShort5-Jun-080.07515000035.63846

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