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 18, 2008

Scan 18 Nov 08

Symbol TypeDateClose PriceVolume
AKN TECHNOLOGY BHDBearish11/18/20080.152321700
ASIAN PAC HOLDINGS BHDBearish11/18/20080.075306000
DPS RESOURCES BHDBearish11/18/20080.145440700
HONG LEONG FINANCIAL GROUP BHDBearish11/18/20083.78138900
KUMPULAN EUROPLUS BHDBearish11/18/20080.2194100
MAHAJAYA BHDBearish11/18/20080.36224500
MEDIA PRIMA BHDBearish11/18/20081.011159500
MMC CORPORATION BHDBearish11/18/20081.852625000
OGAWA WORLD BHDBearish11/18/20080.18157400
P.A. RESOURCES BHDBearish11/18/20080.3351312600
PILECON ENGINEERING BHDBearish11/18/20080.05239900
PROGRESSIVE IMPACT CORPORATIONBearish11/18/20080.469815500
SAPURACREST PETROLEUM BHDBearish11/18/20080.812269200
SHANGRI-LA HOTELS (M) BHDBearish11/18/20081.39154900
SUNWAY CITY BHDBearish11/18/20081.5696400
AIRASIA BHDBullish11/18/20081.155584300
ASTRAL SUPREME BHDBullish11/18/20080.41211100
LIMAHSOON BHDBullish11/18/20080.16907600