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, October 21, 2008

Scan 21 Oct 08

Symbol TypeDateClose PriceVolume
G.A.BLUE INTERNATIONAL BHDBearish10/21/20080.36175600
RHYTHM CONSOLIDATED BHDBearish10/21/20080.06204800
UMW HOLDINGS BHDBearish10/21/20085.752500300
WEIDA (M) BHDBearish10/21/20080.455587100
ALIRAN IHSAN RESOURCES BHDBullish10/21/20080.88236100
COMPUGATES HOLDINGS BHDBullish10/21/20080.11754900
ECOFIRST CONSOLIDATED BHDBullish10/21/20080.145364500
EKOVEST BHDBullish10/21/20081.05299300
FAST TRACK SOLUTION HLDGS BHDBullish10/21/20080.1250100
FITTERS DIVERSIFIED BHDBullish10/21/20080.5241400
KBB RESOURCES BHDBullish10/21/20080.455167200
LBS BINA GROUP BHDBullish10/21/20080.29755700
LION DIVERSIFIED HOLDINGS BHDBullish10/21/20080.342596900
MALAYAN UNITED INDUSTRIES BHDBullish10/21/20080.18692000
MARCO HOLDINGS BHDBullish10/21/20080.09266500
MISC BHDBullish10/21/20088.61129200
MITHRIL BHDBullish10/21/20080.075155000
NEXTNATION COMMUNICATION BHDBullish10/21/20080.04265000
SIGNATURE INTERNATIONAL BHDBullish10/21/20081.15300600