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 9, 2008

Scan 9 May 08

Symbol TypeDateClose PriceVolume
ASIAN PAC HOLDINGS BHDBearish5/9/20080.13410000
DAIMAN DEVELOPMENT BHDBearish5/9/20081.67529700
FURQAN BUSINESS ORGANISATION BHBearish5/9/20080.11130800
I-POWER BHDBearish5/9/20080.25161000
KUMPULAN HARTANAH SELANGOR BHDBearish5/9/20080.63918700
LAND & GENERAL BHDBearish5/9/20080.365294000
LITESPEED EDUCATION TECHNOLOGIEBearish5/9/20080.05143000
NAM FATT CORPORATION BHDBearish5/9/20080.425145400
PK RESOURCES BHDBearish5/9/20080.735122000
RAMUNIA HOLDINGS BHDBearish5/9/20081.415722500
RCE CAPITAL BHDBearish5/9/20080.65432200
SATANG HOLDINGS BHDBearish5/9/20080.295299000
SCOMI GROUP BHDBearish5/9/20080.992539900
SUNWAY HOLDINGS INCORPORATED BHBearish5/9/20081.451182000
AMALGAMATED INDUSTRIAL STEEL BHBullish5/9/20080.485134300
CAM RESOURCES BHDBullish5/9/20080.23586900
LEADER STEEL HOLDINGS BHDBullish5/9/20080.64417000
MULTI VEST RESOURCES BHDBullish5/9/20080.61110000
PJI HOLDINGS BHDBullish5/9/20080.07200000
SUCCESS TRANSFORMER CORP BHDBullish5/9/20081.05901900
SUNWAY CITY BHDBullish5/9/20082.85886000
TDM BHDBullish5/9/20082.02225900
TEX CYCLE TECHNOLOGY (M) BHDBullish5/9/20080.325798000
TOMYPAK HOLDINGS BHDBullish5/9/20080.46146800
TRADEWINDS CORPORATION BHDBullish5/9/20080.7630500
YTL CORPORATION BHDBullish5/9/20087.55431700