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, April 21, 2008

Scan 21 Apr 08

Symbol TypeDateClose PriceVolume
ALUMINIUM COMPANY OF MALAYSIA BBearish4/21/20081.02112000
AXIS INCORPORATION BHDBearish4/21/20081.96916400
PETRONAS GAS BHDBearish4/21/20089.9385400
AE MULTI HOLDINGS BHDBullish4/21/20080.245487100
AMDB BHDBullish4/21/20080.24258700
BSA INTERNATIONAL BHDBullish4/21/20080.37151400
FOTRONICS CORPORATION BHDBullish4/21/20080.045295600
GSB GROUP BHDBullish4/21/20080.06117800
HUNZA PROPERTIES BHDBullish4/21/20081.89111200
JOTECH HOLDINGS BHDBullish4/21/20080.065410000
MISC BHDBullish4/21/20089.25807500
MUTIARA GOODYEAR DEVELOPMENT BHBullish4/21/20080.74211000
PALETTE MULTIMEDIA BHDBullish4/21/20080.06146000
SHANGRI-LA HOTELS (M) BHDBullish4/21/20082.38597200
TAN CHONG MOTOR HOLDINGS BHDBullish4/21/20081.75299700
TANJONG PUBLIC LIMITED COMPANYBullish4/21/200816.5308900
YTL POWER INTERNATIONAL BHDBullish4/21/20082.461487500