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 19, 2008

Scan 18 July 08

ADX Scan based on closing price on 18 July 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADVANCED HOLDINGS LTD.Long18-Jul-080.2326100023.52826
CHINA POWERPLUS LIMITEDLong18-Jul-080.14511500025.984231
PORTEK INTERNATIONAL LIMITEDLong18-Jul-080.568500028.744430
PT BERLIAN LAJU TANKER TBKLong18-Jul-080.27158000035.485328
CHINA ENERGY LIMITEDShort18-Jul-080.435426900024.122125
CHINA HONGXING SPORTS LIMITEDShort18-Jul-080.4751499200027.032225
GMG GLOBAL LTDShort18-Jul-080.21525700022.912122
INTERNET TECHNOLOGY GRP LTDShort18-Jul-080.03527000022.333241
THAKRAL CORPORATION LTDShort18-Jul-080.05516300032.692230
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