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 4, 2008

Scan 4 July 08

ADX Scan based on closing price on 4 July 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
AMPLEFIELD LIMITEDLong4-Jul-080.03512100024.963827
ASA GROUP HOLDINGS LTDLong4-Jul-080.0520100020.873327
FUNG CHOI MEDIA GROUP LIMITEDLong4-Jul-080.344200023.23331
GLOBAL TECH (HLDGS) LIMITEDLong4-Jul-080.0130000034.25241
THAI VILLAGE HOLDINGS LTDLong4-Jul-080.15658800022.982623
SAMUDERA SHIPPING LINE LTDShort4-Jul-080.3391200022.663843
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