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 23, 2008

Scan 23 Apr 08

Symbol TypeDateClose PriceVolume
CONNECTCOUNTY HOLDINGS BHDBearish4/23/20080.041235900
DENKO INDUSTRIAL CORPORATION BHBearish4/23/20080.175336000
DVM TECHNOLOGY BHDBearish4/23/20080.11195900
G.A.BLUE INTERNATIONAL BHDBearish4/23/20080.421184800
PACIFIC & ORIENT BHDBearish4/23/20081.4287000
SINDORA BHDBearish4/23/20081.68210500
TELEKOM MALAYSIA BHDBearish4/23/20083.5438759100
YTL CORPORATION BHDBearish4/23/20087.453194600
AMMB HOLDINGS BHDBullish4/23/20083.584617300
ATIS CORPORATION BHDBullish4/23/20081.42270000
AXIS INCORPORATION BHDBullish4/23/20082.01621200
HAP SENG CONSOLIDATED BHDBullish4/23/20082.711598300
LIEN HOE CORPORATION BHDBullish4/23/20080.18192200
MYCRON STEEL BHDBullish4/23/20080.71358600
P.A. RESOURCES BHDBullish4/23/20080.945305200
PRINSIPTEK CORPORATION BHDBullish4/23/20080.735335000
PROGRESSIVE IMPACT CORPORATIONBullish4/23/20080.5952301400