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, August 21, 2008

Scan 21 Aug 08

Symbol TypeDateClose PriceVolume
FOTRONICS CORPORATION BHDBearish8/21/20080.025722500
GLOBETRONICS TECHNOLOGY BHDBearish8/21/20080.21949600
KZEN SOLUTIONS BHDBearish8/21/20080.25636700
MUDA HOLDINGS BHDBearish8/21/20080.77410900
RHB CAPITAL BHDBearish8/21/20083.94197600
YE CHIU METAL SMELTING BHDBearish8/21/20081.94146400
IRM GROUP BHDBullish8/21/20080.29218900
KULIM (M) BHDBullish8/21/20087.5813000
MALAYSIA AIRPORT HOLDINGS BHDBullish8/21/20082.76251800
SARAWAK OIL PALMS BHDBullish8/21/20085.4123400