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.

Thursday, October 30, 2008

Scan 30 Oct 08

Symbol TypeDateClose PriceVolume
BCB BHDBearish10/30/20080.38137400
MALAYSIA AIRPORT HOLDINGS BHDBearish10/30/20082.13361900
MULTI-CODE ELECTRONICS INDS. (MBearish10/30/20080.22306000
BATU KAWAN BHDBullish10/30/20086.75138400
EKOVEST BHDBullish10/30/20081.05334900
ENGLOTECHS HOLDING BHDBullish10/30/20080.065119000
EVERGREEN FIBREBOARD BHDBullish10/30/20080.47392200
GLOMAC BHDBullish10/30/20080.49271000
HAP SENG PLANTATIONS HOLDINGS BBullish10/30/20081.47823300
KENCANA PETROLEUM BHDBullish10/30/20081.211137700
KNM GROUP BHDBullish10/30/20080.585103900600
KUALA LUMPUR KEPONG BHDBullish10/30/20088.11774200
KUMPULAN EUROPLUS BHDBullish10/30/20080.23409000
KURNIA ASIA BHDBullish10/30/20080.25116000
MALAYAN BANKING BHDBullish10/30/20085.155437100
MALAYSIA STEEL WORKS (KL)BHDBullish10/30/20080.65280500
MATRIX INTERNATIONAL BHDBullish10/30/20080.29218000
MMC CORPORATION BHDBullish10/30/200821284500
MOBIF BHDBullish10/30/20080.105516300
MULTI-PURPOSE HOLDINGS BHDBullish10/30/20081.081227100
PALETTE MULTIMEDIA BHDBullish10/30/20080.045536800
PJBUMI BHDBullish10/30/20080.413424300
PRIME UTILITIES BHDBullish10/30/20080.15108100
PROGRESSIVE IMPACT CORPORATIONBullish10/30/20080.4959453100
RB LAND HOLDINGS BHDBullish10/30/20080.65220100
SARAWAK OIL PALMS BHDBullish10/30/20081.93314100