Malaysia Stock Market MACD Scanner: Scan 30 Apr 08

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 30, 2008

Scan 30 Apr 08

Symbol	Type	Date	Close Price	Volume
AMTEL HOLDINGS BHD	Bearish	4/30/2008	0.71	703700
EKRAN BHD	Bearish	4/30/2008	0.275	224000
FAST TRACK SOLUTION HLDGS BHD	Bearish	4/30/2008	0.105	310300
GAMUDA BHD	Bearish	4/30/2008	3.12	10851000
IJM CORPORATION BHD	Bearish	4/30/2008	5.75	7323800
KNM GROUP BHD	Bearish	4/30/2008	6.4	2038100
LEADER UNIVERSAL HOLDINGS BHD	Bearish	4/30/2008	0.94	840000
LION CORPORATION BHD	Bearish	4/30/2008	0.66	314100
MALAYSIA BUILDING SOCIETY BHD	Bearish	4/30/2008	1.25	444600
TENAGA NASIONAL BHD	Bearish	4/30/2008	6.55	8208900
TRADEWINDS PLANTATION BHD	Bearish	4/30/2008	3.84	222400
VTI VINTAGE BHD	Bearish	4/30/2008	0.195	112000
EURO HOLDINGS BHD	Bullish	4/30/2008	0.59	241000
KEY ASIC BHD	Bullish	4/30/2008	0.305	135300
MAGNUM CORPORATION BHD	Bullish	4/30/2008	3.4	574800
ONLINE ONE CORPORATION BHD	Bullish	4/30/2008	0.29	197000
ORIENTAL HOLDINGS BHD	Bullish	4/30/2008	6	145100