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.

Monday, June 23, 2008

Scan 23 Jun 08

Symbol TypeDateClose PriceVolume
BCT TECHNOLOGY BHDBearish6/23/20080.15157000
BONIA CORPORATION BHDBearish6/23/20081.82177000
PAN MALAYSIA HOLDINGS BHDBearish6/23/20080.095279500
PAN MALAYSIAN INDUSTRIES BHDBearish6/23/20080.095127100
PERISAI PETROLEUM TEKNOLOGI BHDBearish6/23/20081.24149000
INTELLIGENT EDGE TECHNOLOGIES BBullish6/23/20080.095258300
ISS CONSULTING SOLUTIONS BHDBullish6/23/20080.125586900
MALAYAN BANKING BHDBullish6/23/20087.151579500
MULTI-PURPOSE HOLDINGS BHDBullish6/23/20081.66681400
OCTAGON CONSOLIDATED BHDBullish6/23/20080.87200000
UBG BHDBullish6/23/20082.482573300