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 3, 2008

Scan 3 July 08

ADX Scan based on closing price on 3 July 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
CDW HOLDING LIMITEDLong3-Jul-080.08517500029.436721
FIRST SHIP LEASE TRUSTLong3-Jul-081.25164100022.532823
LANTROVISION (S) LTDLong3-Jul-080.03546600033.882117
NEW LAKESIDE HOLDINGS LIMITEDLong3-Jul-080.0830000026.924944
OLD CHANG KEE LTD.Long3-Jul-080.2224100021.94944
ASIA TIGER GROUP LIMITEDShort3-Jul-080.11110900032.022831
FASTECH SYNERGY LTDShort3-Jul-080.0215000025.933853
JAPAN LAND LIMITEDShort3-Jul-080.57513700029.393337
LIFEBRANDZ LTD.Short3-Jul-080.03217700028.022344
MIDSOUTH HOLDINGS LTDShort3-Jul-080.7870200035.152733
SMRT CORPORATION LTDShort3-Jul-081.81606500029.441523
UNITED ENVIROTECH LTDShort3-Jul-080.21577000026.873137
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