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

Friday, July 18, 2008

Scan 17 July 08

ADX Scan based on closing price on 17 July 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CENTRALAND LIMITEDLong17-Jul-080.49515300027.544937
CHINA HONGXING SPORTS LIMITEDLong17-Jul-080.4852375100028.782422
COMFORTDELGRO CORPORATION LTDLong17-Jul-081.52598500024.452319
HG METAL MANUFACTURING LTDLong17-Jul-080.375119100027.162619
JARDINE CYCLE & CARRIAGE LTDLong17-Jul-0816.1242300022.732925
KARIN TECHNOLOGY HLDGS LIMITEDLong17-Jul-080.2321100043.015731
LERENO BIO-CHEM LTD.Long17-Jul-080.04295000233725
MEMSTAR TECHNOLOGY LTD.Long17-Jul-080.0427200028.123526
NTI INTERNATIONAL LIMITEDLong17-Jul-080.0518000025.217327
PARKWAYLIFE REITLong17-Jul-081.138400026.22321
POPULAR HOLDINGS LIMITEDLong17-Jul-080.2621800025.432421
YANLORD LAND GROUP LIMITEDLong17-Jul-081.99201400023.342620
BOUSTEAD SINGAPORE LIMITEDShort17-Jul-082.3719300022.082931
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