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 10, 2008

Scan 9 July 08

ADX Scan based on closing price on 9 July 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
ASIA TIGER GROUP LIMITEDLong9-Jul-080.105129100024.832623
LOTTVISION LIMITEDLong9-Jul-080.11280900024.092221
SINGAPORE AIRLINES LTDLong9-Jul-0814.88636200020.383027
SP CHEMICALS LTDLong9-Jul-080.615000027.773122
YANLORD LAND GROUP LIMITEDLong9-Jul-082.02404900033.082625
CWT LIMITEDShort9-Jul-080.8311400020.442628
SOUTHERN PACKAGING GROUP LTDShort9-Jul-080.11528500025.123031
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