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.

Wednesday, April 2, 2008

Scan 2 Apr 08

Symbol TypeDateClose PriceVolume
ATURMAJU RESOURCES BHDBearish4/2/20080.851421100
BORNEO AQUA HARVEST BHDBearish4/2/20080.625277400
EDARAN DIGITAL SYSTEMS BHDBearish4/2/20080.81150400
EVERMASTER GROUP BHDBearish4/2/20080.77370300
KRETAM HOLDINGS BHDBearish4/2/20081.27117500
PACIFICMAS BHDBearish4/2/20084.26133200
AIRASIA BHDBullish4/2/20081.381417200
COASTAL CONTRACTS BHDBullish4/2/20082.02137700
DAIMAN DEVELOPMENT BHDBullish4/2/20081.66488600
FITTERS DIVERSIFIED BHDBullish4/2/20080.66127700
PADIBERAS NASIONAL BHDBullish4/2/20081.81593500
SILVER BIRD GROUP BHDBullish4/2/20080.8126500