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

Monday, July 7, 2008

Scan 7 July 08

ADX Scan based on closing price on 7 July 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ADDVALUE TECHNOLOGIES LTDLong7-Jul-080.0948600023.912118
BENEFUN INT HLDGS LTDLong7-Jul-080.015194000037.728118
CAPITAMALL TRUSTLong7-Jul-083.15541300029.172218
CHINA GREAT LAND HOLDINGS LTD.Long7-Jul-080.0894600026.55730
CHUAN HUP HOLDINGS LIMITEDLong7-Jul-080.365256400022.992423
DIGILAND INTERNATIONAL LTDLong7-Jul-080.005115900025.894024
ESMART HOLDINGS LIMITEDLong7-Jul-080.09524300028.035429
FEDERAL INT(2000) LTDLong7-Jul-080.4598500021.553127
GMG GLOBAL LTDLong7-Jul-080.21350200020.812017
INNO-PACIFIC HOLDINGS LTDLong7-Jul-080.02621200031.435444
MANHATTAN RESOURCES LIMITEDLong7-Jul-080.8572400021.563723
SERIAL SYSTEM LTD W101220Long7-Jul-080.01549000035.687426
SMRT CORPORATION LTDLong7-Jul-081.83168400026.82120
FRIVEN & CO. LTD.Short7-Jul-080.0624100022.23352
MARCO POLO MARINE LTD.Short7-Jul-080.36147900039.822633
UNIFIED COMMUNICATIONS HLDGLTDShort7-Jul-080.0612500035.664253
VICPLAS INTERNATIONAL LTDShort7-Jul-080.095164800044.973755

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