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.

Friday, May 23, 2008

Scan 23 May 08

Symbol TypeDateClose PriceVolume
ANN JOO RESOURCES BHDBearish5/23/20083.94515800
BCT TECHNOLOGY BHDBearish5/23/20080.15224000
BHS INDUSTRIES BHDBearish5/23/20080.445183000
DNP HOLDINGS BHDBearish5/23/20081.21315200
IRIS CORPORATION BHDBearish5/23/20080.14348000
KARAMBUNAI CORP BHDBearish5/23/20080.085394300
LINGUI DEVELOPMENT BHDBearish5/23/20081.721080000
LION DIVERSIFIED HOLDINGS BHDBearish5/23/20081.42150300
MUDAJAYA GROUP BHDBearish5/23/20083.5108000
OGAWA WORLD BHDBearish5/23/20080.41166000
PETRA ENERGY BHDBearish5/23/20082.45182100
PPB GROUP BHDBearish5/23/200811484700
RHB CAPITAL BHDBearish5/23/20085.1424900
STAR PUBLICATIONS (M) BHDBearish5/23/20083.48532400
UEM BUILDERS BHDBearish5/23/20081.27424500
YNH PROPERTY BHDBearish5/23/20082.162025800
FAJAR BARU CAPITAL BHDBullish5/23/20081.59148500
FURQAN BUSINESS ORGANISATION BHBullish5/23/20080.11110000
GENERAL CORPORATION BHDBullish5/23/20081.19556800
HEXAGON HOLDINGS BHDBullish5/23/20081.7191400
HONG LEONG FINANCIAL GROUP BHDBullish5/23/20085.15135500
MAGNUM CORPORATION BHDBullish5/23/20083.422221200
NEXTNATION COMMUNICATION BHDBullish5/23/20080.075125300
PETRONAS GAS BHDBullish5/23/200810.2965500
POS MALAYSIA & SERVICES HOLDINGBullish5/23/20082.12009400
RAMUNIA HOLDINGS BHDBullish5/23/20081.464380700
SANBUMI HOLDINGS BHDBullish5/23/20080.39117000
SARAWAK PLANTATION BHDBullish5/23/20083.981128100
SUMATEC RESOURCES BHDBullish5/23/20080.53300400
TRACOMA HOLDINGS BHDBullish5/23/20080.575735400