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

Tuesday, July 15, 2008

Scan 15 July 08

ADX Scan based on closing price on 15 July 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
EAGLE BRAND HOLDINGS LTDLong15-Jul-080.0511100023.993022
LIFEBRANDZ LTD.Long15-Jul-080.0338300026.772621
MAGNUS ENERGY GROUP LTD.Long15-Jul-080.0551966100039.42319
MATEX INTERNATIONAL LIMITEDLong15-Jul-080.1111200034.825528
CHEUNG WOH TECHNOLOGIES LTDShort15-Jul-080.25515500031.532941
CHINA HONGXING SPORTS LIMITEDShort15-Jul-080.47543712000332224
CITY DEVELOPMENTS LIMITEDShort15-Jul-0810.36383300020.712227
SUNMART HOLDINGS LIMITEDShort15-Jul-080.12516300030.024143
VIBROPOWER CORPORATION LIMITEDShort15-Jul-080.0530000021.414057
WEE HUR HOLDINGS LTD.Short15-Jul-080.26514000023.873239
YANLORD LAND GROUP LIMITEDShort15-Jul-081.88291800026.052223
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