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 9, 2008

Scan 9 Sep 08

Symbol TypeDateClose PriceVolume
BINA PURI HOLDINGS BHDBearish9/9/20080.965297000
GOLD BRIDGE ENGINEERING & CONS.Bearish9/9/20080.09200000
HONG LEONG BANK BHDBearish9/9/20085.552704700
HONG LEONG FINANCIAL GROUP BHDBearish9/9/20084.5289800
KUB MALAYSIA BHDBearish9/9/20080.2951178900
KULIM (M) BHDBearish9/9/20087.051448400
LEADER UNIVERSAL HOLDINGS BHDBearish9/9/20080.585286833
MALAYSIAN RESOURCES CORPORATIONBearish9/9/20080.686464100
OGAWA WORLD BHDBearish9/9/20080.2116500
OPUS INTERNATIONAL GROUP PLCBearish9/9/20080.993330500
DIGI.COM BHDBullish9/9/200823.5606300
MAA HOLDINGS BHDBullish9/9/20080.62240300
M-MODE BHDBullish9/9/20080.085120000
MYCOM BHDBullish9/9/20080.585169400
ONLINE ONE CORPORATION BHDBullish9/9/20080.175556700
PILECON ENGINEERING BHDBullish9/9/20080.08200500