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.

Thursday, July 31, 2008

Scan 31 July 08

Symbol TypeDateClose PriceVolume
ATURMAJU RESOURCES BHDBearish7/31/20080.6955044300
HOCK SENG LEE BHDBearish7/31/20080.62845900
NATURAL BIO RESOURCES BHDBearish7/31/20080.615148000
SHANGRI-LA HOTELS (M) BHDBearish7/31/20081.77319700
HO HUP CONSTRUCTION COMPANY BHDBullish7/31/20080.48124800
INGENUITY SOLUTIONS BHDBullish7/31/20080.135190000
KULIM (M) BHDBullish7/31/20088.05323000
KZEN SOLUTIONS BHDBullish7/31/20080.27187900
SOUTHERN STEEL BHDBullish7/31/20082.99155100