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.

Wednesday, November 12, 2008

Scan 12 Nov 08

Symbol TypeDateClose PriceVolume
PETRONAS DAGANGAN BHDBearish11/12/20086.65695900
TELEKOM MALAYSIA BHDBearish11/12/20082.7986505200
YLI HOLDINGS BHDBearish11/12/20080.6424100
DIGI.COM BHDBullish11/12/200820872700
ECOFIRST CONSOLIDATED BHDBullish11/12/20080.125281800
HONG LEONG BANK BHDBullish11/12/20085.1303900