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, August 27, 2008

Scan 27 Aug 08

Symbol TypeDateClose PriceVolume
ADVANCE SYNERGY BHDBearish8/27/20080.09345000
COMPUGATES HOLDINGS BHDBearish8/27/20080.105131000
CYCLE & CARRIAGE BINTANG BHDBearish8/27/20082.04121200
KIAN JOO CAN FACTORY BHDBearish8/27/20081.17162500
ORNASTEEL HOLDINGS BHDBearish8/27/20081.3144500
SCOMI GROUP BHDBearish8/27/20080.6451631500
ASIAEP BHDBullish8/27/20080.1245000
BIO OSMO BHDBullish8/27/20080.105276100
ENCORP BHDBullish8/27/20080.615254000
HAP SENG PLANTATIONS HOLDINGS BBullish8/27/20082.39315500
HO WAH GENTING BHDBullish8/27/20080.265740100
IDAMAN UNGGUL BHDBullish8/27/20080.085666800
TA ENTERPRISE BHDBullish8/27/20080.825318300
UBG BHDBullish8/27/20082.52296600
UNITED U-LI CORPORATION BHDBullish8/27/20080.41103900
WAWASAN TKH HOLDINGS BHDBullish8/27/20080.225192200