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, June 11, 2008

Scan 11 Jun 08

Symbol TypeDateClose PriceVolume
COMPUGATES HOLDINGS BHDBearish6/11/20080.11462900
HEITECH PADU BHDBearish6/11/20081.31279200
SANBUMI HOLDINGS BHDBearish6/11/20080.35281000
BINA PURI HOLDINGS BHDBullish6/11/20081532400
FORMIS RESOURCES BHDBullish6/11/20080.765211500
HWANG-DBS (M) BHDBullish6/11/20081.86294000
RAMUNIA HOLDINGS BHDBullish6/11/20081.511464700
SARAWAK ENERGY BERHADBullish6/11/20083.32837100