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.

Tuesday, September 16, 2008

Scan 16 Sep 08

Symbol TypeDateClose PriceVolume
BIO OSMO BHDBearish9/16/20080.085226900
BUMIPUTRA-COMMERCE HOLDINGS BHDBearish9/16/20087.851559100
DAYA MATERIALS BHDBearish9/16/20080.335375100
DIJAYA CORPORATION BHDBearish9/16/20081.1127000
DPS RESOURCES BHDBearish9/16/20080.175270900
EVERGREEN FIBREBOARD BHDBearish9/16/20081.1613500
ISYODA CORPORATION BHDBearish9/16/20080.605350900
KEJURUTERAAN SAMUDRA TIMUR BHDBearish9/16/20080.38138000
MALAYAN BANKING BHDBearish9/16/20087.45287300
MCM TECHNOLOGIES BHDBearish9/16/20080.08106000
PETRONAS GAS BHDBearish9/16/20089.8160800
PILECON ENGINEERING BHDBearish9/16/20080.075210000
POS MALAYSIA & SERVICES HOLDINGBearish9/16/20081.77257000
QSR BRANDS BHDBearish9/16/20082.43390000
RESINTECH BHDBearish9/16/20080.7115000
RHB CAPITAL BHDBearish9/16/20083.86441700
TRANS-ASIA SHIPPING CORP BHDBearish9/16/20080.68129200
YTL POWER INTERNATIONAL BHDBearish9/16/20081.752410400
ASTRAL SUPREME BHDBullish9/16/20080.41247000
FURQAN BUSINESS ORGANISATION BHBullish9/16/20080.085130200
LINGUI DEVELOPMENT BHDBullish9/16/20081.2239000
MAHAJAYA BHDBullish9/16/20080.44157400
MALAYSIAN PLANTATIONS BHDBullish9/16/20082.64664700
SARAWAK OIL PALMS BHDBullish9/16/20082.56410600