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.

Tuesday, April 8, 2008

Scan 8 Apr 08

Symbol TypeDateClose PriceVolume
BTM RESOURCES BHDBearish4/8/20080.22394400
COMPUGATES HOLDINGS BHDBearish4/8/20080.115573000
EXTOL MSC BHDBearish4/8/20080.105385000
I-POWER BHDBearish4/8/20080.2251847700
KZEN SOLUTIONS BHDBearish4/8/20080.1151000
MUTIARA GOODYEAR DEVELOPMENT BHBearish4/8/20080.705100100
NEXTNATION COMMUNICATION BHDBearish4/8/20080.07459000
POS MALAYSIA & SERVICES HOLDINGBearish4/8/20081.691185500
SARAWAK OIL PALMS BHDBearish4/8/20085.35190100
SIME DARBY BHDBearish4/8/20088.6510964000
WCT ENGINEERING BHDBearish4/8/20083.321810400
EQUATOR LIFE SCIENCE BHDBullish4/8/20080.07123000
INIX TECHNOLOGIES HOLDINGS BHDBullish4/8/20080.216300900
INS BIOSCIENCE BHDBullish4/8/20080.215130100
ISS CONSULTING SOLUTIONS BHDBullish4/8/20080.105150000
KBB RESOURCES BHDBullish4/8/20080.63320800
KUALA LUMPUR KEPONG BHDBullish4/8/200815.82820300
MAGNUM CORPORATION BHDBullish4/8/20083.38654200
NOVA MSC BHDBullish4/8/20080.065450000
SOUTH MALAYSIA INDUSTRIES BHDBullish4/8/20080.33104500
TRC SYNERGY BHDBullish4/8/20081.75205000