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, July 17, 2008

Scan 16 July 08

ADX Scan based on closing price on 16 July 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ENPORIS GREENZ LIMITEDLong16-Jul-080.0532600030.354436
GLOBAL VOICE GROUP LIMITEDLong16-Jul-080.055949400022.812621
INTERNET TECHNOLOGY GRP LTDLong16-Jul-080.0420000022.374221
MOBILEONE LTDLong16-Jul-081.88175400021.442822
NEW WAVE HOLDINGS LTD.Long16-Jul-080.0410200033.325740
THAKRAL CORPORATION LTDLong16-Jul-080.0632300036.092520
THOMSON MEDICAL CENTRE LIMITEDLong16-Jul-080.6131500021.464336
HLH GROUP LIMITEDShort16-Jul-080.0312100024.052733
UNIONMET (SINGAPORE) LIMITEDShort16-Jul-080.13510200020.562535

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