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 25, 2008

Scan 25 July 08

ADX Scan based on closing price on 25 July 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
COMBINE WILL INTL HLDGS LTDLong25-Jul-080.17145000021.254430
PACIFIC SHIPPING TRUSTLong25-Jul-080.422900025.082723
ASCOTT RESIDENCE TRUSTShort25-Jul-081.172700022.312932
CAMBRIDGE INDUSTRIAL TRUSTShort25-Jul-080.65188300030.12627
CHINA ERATAT SPORTS FASHIONLTDShort25-Jul-080.2173400028.732224
CHINA ZAINO INTERNATIONAL LTDShort25-Jul-080.4680400024.452830
MDR LIMITEDShort25-Jul-080.025157500021.041932
PORTEK INTERNATIONAL LIMITEDShort25-Jul-080.4870200029.452644
SKY CHINA PETROLEUM SVCS LTD.Short25-Jul-080.22533800025.812123
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)