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, November 13, 2008

Scan 13 Nov 08

Symbol TypeDateClose PriceVolume
ASTRAL SUPREME BHDBearish11/13/20080.36938900
COMPUGATES HOLDINGS BHDBearish11/13/20080.13180000
HOCK SENG LEE BHDBearish11/13/20080.49241600
APP INDUSTRIES BHDBullish11/13/20080.31127800
KLCC PROPERTY HOLDINGS BHDBullish11/13/20082.82308900
MALAYSIAN AE MODELS HOLDINGS BHBullish11/13/20081.05191000
TRANSOCEAN HOLDINGS BHDBullish11/13/20080.49117000