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.

Tuesday, March 4, 2008

Scan 4 Mar 08

MACD Scan based on closing price on 4 Mar 08
Symbol TypeDateClose PriceVolume
1023Bearish3/4/200810.223965700
1961Bearish3/4/20087.89675500
2836Bullish3/4/20084.16152700
4235Bearish3/4/20081.88796500
5053Bullish3/4/20081.91505700