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

Saturday, July 12, 2008

Scan 11 July 08

ADX Scan based on closing price on 11 July 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADDVALUE TECHNOLOGIES LTDLong11-Jul-080.08241800020.082118
ASCOTT RESIDENCE TRUSTLong11-Jul-081.1321100038.412724
CHINA ENERGY LIMITEDLong11-Jul-080.4752517000031.42619
CHINA HAIDA LTD.Long11-Jul-080.1243000030.374940
CHINA SUN BIOCHEM TECH GP CO.Long11-Jul-080.25143900020.232924
LI HENG CHEM FIBRE TECH LTDLong11-Jul-080.6053785700021.612520
MIDSOUTH HOLDINGS LTDLong11-Jul-080.77517700024.853427
OCEANUS GROUP LIMITEDLong11-Jul-080.384325300023.032620
SEMBCORP INDUSTRIES LTDLong11-Jul-084.37263900020.881917
WEE HUR HOLDINGS LTD.Long11-Jul-080.27523500026.273730
ARMSTRONG INDUSTRIAL CORP LTDShort11-Jul-080.305286700021.812534
ASIA-PACIFIC STRATEGIC INV LTDShort11-Jul-080.25510400040.473138
GOLDTRON LIMITEDShort11-Jul-080.0111000035.442738
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