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.

Thursday, April 17, 2008

Scan 17 Apr 08

Symbol Date ChartScript TypeDateClose PriceVolume
AMDB BHD4/17/2008MACD ScanBearish4/17/20080.23260100
FOCUS DYNAMICS TECHNOLOGIES BHD4/17/2008MACD ScanBearish4/17/20080.165569500
MISC BHD4/17/2008MACD ScanBearish4/17/20088.8149900
PAN MALAYSIA CAPITAL BHD4/17/2008MACD ScanBearish4/17/20080.18848800
QUILL CAPITA TRUST4/17/2008MACD ScanBearish4/17/20081.2373000
TOWER REAL ESTATE INVESTMENT TR4/17/2008MACD ScanBearish4/17/20081.28110000
WELLI MULTI CORPORATION BHD4/17/2008MACD ScanBearish4/17/20080.292244700
GPRO TECHNOLOGIES BHD4/17/2008MACD ScanBullish4/17/20080.045254900
KAMDAR GROUP(M)BHD4/17/2008MACD ScanBullish4/17/20080.42110400
KIM HIN INDUSTRY BHD4/17/2008MACD ScanBullish4/17/20081.35119900