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.

Monday, November 17, 2008

Scan 17 Nov 08

Symbol TypeDateClose PriceVolume
ENVAIR HOLDING BHDBearish11/17/20080.145370000
IGB CORPORATION BHDBearish11/17/20081.272613000
LBS BINA GROUP BHDBearish11/17/20080.2651103900
NAIM INDAH CORPORATION BHDBearish11/17/20080.045273000
SEG INTERNATIONAL BHDBearish11/17/20080.64591800
ZELAN BHDBearish11/17/2008117453000
MAHAJAYA BHDBullish11/17/20080.4266900
PLUS EXPRESSWAYS BHDBullish11/17/20082.691848600