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, September 8, 2008

Scan 8 Sep 08

Symbol TypeDateClose PriceVolume
ASTRAL SUPREME BHDBearish9/8/20080.4148900
DAIMAN DEVELOPMENT BHDBearish9/8/20081.72105300
IJM PLANTATIONS BHDBearish9/8/20082.24411300
INS BIOSCIENCE BHDBearish9/8/20080.22362900
LION INDUSTRIES CORPORATION BHDBearish9/8/20081.831112700
MALAYSIAN BULK CARRIERS BHDBearish9/8/20083.161062500
MELEWAR INDUSTRIAL GROUP BHDBearish9/8/20080.705117400
RAMUNIA HOLDINGS BHDBearish9/8/20081.66587100
SYMPHONY HOUSE BHDBearish9/8/20080.265200100
TRADEWINDS CORPORATION BHDBearish9/8/20080.455289300
YTL CORPORATION BHDBearish9/8/20086.15445800
ZELAN BHDBearish9/8/20081.6429000
BINA PURI HOLDINGS BHDBullish9/8/20080.98306800
INDUSTRIAL CONCRETE PRODUCTS BHBullish9/8/20082.962132500
KUB MALAYSIA BHDBullish9/8/20080.31518300
MALAYSIAN RESOURCES CORPORATIONBullish9/8/20080.7253034900
PJBUMI BHDBullish9/8/20080.4844700
SP SETIA BHDBullish9/8/20083.3346000
TMC LIFE SCIENCES BHDBullish9/8/20081.58185800