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

Sunday, June 8, 2008

Scan 6 Jun 08

ADX Scan based on closing price on 6 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CHASEN HOLDINGS LIMITEDLong6-Jun-080.005192100023.452011
HYFLUX LTDLong6-Jun-083.5161700031.122322
SNP CORPORATION LTDLong6-Jun-081.54119750025.023129
STAR PHARMACEUTICAL LIMITEDLong6-Jun-080.210300030.483938
FREIGHT LINKS EXPRESS HOLDINGSShort6-Jun-080.0711300045.741826
TOTAL ACCESS COMM PUB CO LTDShort6-Jun-081.5141240023.072731
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