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 24, 2008

Scan 24 Apr 08

Symbol TypeDateClose PriceVolume
ALAM MARITIM RESOURCES BHDBearish4/24/20082.05297200
BSA INTERNATIONAL BHDBearish4/24/20080.32158200
GOLD BRIDGE ENGINEERING & CONS.Bearish4/24/20080.1651140800
LANDMARKS BHDBearish4/24/20082.221685300
LINGKARAN TRANS KOTA HOLDINGS BBearish4/24/20083.76171500
MALAYSIAN BULK CARRIERS BHDBearish4/24/20084.22861200
PADIBERAS NASIONAL BHDBearish4/24/20082.13488900
SATANG HOLDINGS BHDBearish4/24/20080.32570500
UEM BUILDERS BHDBearish4/24/20081.26682800
FARLIM GROUP (M) BHDBullish4/24/20080.315410500
FAST TRACK SOLUTION HLDGS BHDBullish4/24/20080.1151071000
KBB RESOURCES BHDBullish4/24/20080.68666000
PATIMAS COMPUTERS BHDBullish4/24/20080.085402000
SOUTH MALAYSIA INDUSTRIES BHDBullish4/24/20080.225313400
UMW HOLDINGS BHDBullish4/24/20086.6834600
YTL POWER INTERNATIONAL BHDBullish4/24/20082.461665000