MACD stands for Moving Average Convergence Divergence.

The indicator is made up of 2 lines. The MACD Line (fast line) and MACD Signal Line (slow line).

When the MACD Line crosses over the MACD Signal Line, the trend is bullish.

When the MACD Line crosses below the MACD Signal, the trend is bearish.

In this blog, I will provide list of stocks that are listed in KLSE Stock Exchange based on

1. MACD Line crosses above MACD Signal for bullish trend.
2. MACD Line crosses below MACD Signal for bearish trend.
3. Volume traded > 100,000 shares.

Monday, March 3, 2008

Scan 29 Feb 08

MACD Scan based on closing price on 29 Feb 08
Symbol TypeDateClose PriceVolume
2445Bearish2/29/200818.52092600
3794Bearish2/29/20085.2818000
6033Bearish2/29/200810.1947800
4243Bullish2/29/20082.291339900
6866Bullish2/29/20082.06269300