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, November 11, 2008

Scan 11 Nov 08

Symbol TypeDateClose PriceVolume
HONG LEONG BANK BHDBearish11/11/20085.05240800
SAPURACREST PETROLEUM BHDBearish11/11/20080.845956600
BUMIPUTRA-COMMERCE HOLDINGS BHDBullish11/11/20086.154977500
DENKO INDUSTRIAL CORPORATION BHBullish11/11/20080.115220900
JOTECH HOLDINGS BHDBullish11/11/20080.05522696400
MALAYSIAN AIRLINE SYSTEM BHDBullish11/11/20082.821183400
OLYMPIA INDUSTRIES BHDBullish11/11/20080.23967800
ORISOFT TECHNOLOGY BHDBullish11/11/20080.265433200
POLY TOWER VENTURES BHDBullish11/11/20080.205380000