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

Monday, June 9, 2008

Scan 9 Jun 08

ADX Scan based on closing price on 9 Jun 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
GOLDTRON LIMITEDLong9-Jun-080.015153000024.664133
ASIASONS CAPITAL LIMITEDShort9-Jun-080.135601700022.022326
FIRST SHIP LEASE TRUSTShort9-Jun-081.1730600034.872225
FRASERS CENTREPOINT TRUSTShort9-Jun-081.3456700023.82627
HG METAL MANUFACTURING LTDShort9-Jun-080.395111300031.292022
HL GLOBAL ENTERPRISES LIMITEDShort9-Jun-080.15532900020.243144
HYFLUX LTDShort9-Jun-083.4145800029.952129
KTL GLOBAL LIMITEDShort9-Jun-080.425135500022.342131
LINDETEVES-JACOBERG LTDShort9-Jun-080.05519000024.824155
MERMAID MARITIME PUBLIC CO LTDShort9-Jun-081.286100040.143033
MFG INTEGRATION TECHNOLOGY LTDShort9-Jun-080.1412400021.323750
SAPPHIRE CORPORATION LIMITEDShort9-Jun-080.01551400048.133345
SINGAPORE WINDSOR HOLDINGS LTDShort9-Jun-080.2813000060.954654
STAMFORD LAND CORPORATION LTDShort9-Jun-080.67563200023.032526
SUNTEC REAL ESTATE INV TRUSTShort9-Jun-081.61545800027.931924
VICPLAS INTERNATIONAL LTDShort9-Jun-080.0933000032.184951
WILMAR INTERNATIONAL LIMITEDShort9-Jun-085.06450000025.013031

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