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, May 7, 2008

Scan 7 May 08

Symbol TypeDateClose PriceVolume
BERJAYA CORPORATION BHDBearish5/7/20081.071972200
BOUSTEAD HOLDINGS BHDBearish5/7/20085.3141400
CAELY HOLDINGS BHDBearish5/7/20080.3154219900
FOREMOST HOLDINGS BHDBearish5/7/20080.25218400
LUSTER INDUSTRIES BHDBearish5/7/20080.155164100
REDTONE INTERNATIONAL BHDBearish5/7/20080.51130000
SUNWAY CITY BHDBearish5/7/20082.78578700
TECHNODEX BHDBearish5/7/20080.205134800
TRADEWINDS (M) BHDBearish5/7/20085.35431100
FURQAN BUSINESS ORGANISATION BHBullish5/7/20080.115373300
GENTING BHDBullish5/7/20086.452913900
IJM PLANTATIONS BHDBullish5/7/20083.76137000
JADI IMAGING HOLDINGS BHDBullish5/7/20080.175780600
LEADER STEEL HOLDINGS BHDBullish5/7/20080.56309500
MAGNUM CORPORATION BHDBullish5/7/20083.44455600
MALAYSIA AIRPORT HOLDINGS BHDBullish5/7/20082.951877300
MYCRON STEEL BHDBullish5/7/20080.72184200
NIKKO ELECTRONICS BHDBullish5/7/20080.15132100
SKP RESOURCES BHDBullish5/7/20080.135150000
TRADEWINDS CORPORATION BHDBullish5/7/20080.7053173900