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, October 20, 2008

Scan 20 Oct 08

Symbol TypeDateClose PriceVolume
FTEC RESOURCES BHDBearish10/20/20080.0457290400
HAI-O ENTERPRISE BHDBearish10/20/20083.22145300
INIX TECHNOLOGIES HOLDINGS BHDBearish10/20/20080.17535000
KRETAM HOLDINGS BHDBearish10/20/20080.87124000
SALCON BHDBearish10/20/20080.39321200
SUNRISE BHDBearish10/20/20081.37420800
WAWASAN TKH HOLDINGS BHDBearish10/20/20080.15272000
AL-HADHARAH BOUSTEAD REITBullish10/20/20081.09105000
DIGI.COM BHDBullish10/20/200822.4817700
FORMIS RESOURCES BHDBullish10/20/20080.82445200
GREEN PACKET BHDBullish10/20/20080.82147900
HOCK SENG LEE BHDBullish10/20/20080.54697000
LCL CORPORATION BHDBullish10/20/20080.98303100
MEMS TECHNOLOGY BHDBullish10/20/20080.08288800
PACIFICMAS BHDBullish10/20/20084.3257800
TANCO HOLDINGS BHDBullish10/20/20080.1321000
YTL CORPORATION BHDBullish10/20/20085.9377800