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 19, 2008

Scan 19 Nov 08

Symbol TypeDateClose PriceVolume
AKN MESSAGING TECHNOLOGIES BHDBearish11/19/20080.115118000
ASTRAL SUPREME BHDBearish11/19/20080.345608000
AXIS INCORPORATION BHDBearish11/19/20080.154200200
DENKO INDUSTRIAL CORPORATION BHBearish11/19/20080.1166300
DIGISTAR CORPORATION BHDBearish11/19/20080.071142000
GLOBAL SOFT (MSC) BHDBearish11/19/20080.0353843700
HALIM MAZMIN BHDBearish11/19/20080.44153000
INIX TECHNOLOGIES HOLDINGS BHDBearish11/19/20080.155372200
JOTECH HOLDINGS BHDBearish11/19/20080.045241300
KBB RESOURCES BHDBearish11/19/20080.405122100
KUB MALAYSIA BHDBearish11/19/20080.2652217700
MIECO CHIPBOARD BHDBearish11/19/20080.23201700
MISC BHDBearish11/19/20088.35727900
PALETTE MULTIMEDIA BHDBearish11/19/20080.04337300
SALCON BHDBearish11/19/20080.385298000
MINPLY HOLDINGS (M) BHDBullish11/19/20080.29395800
PETRONAS GAS BHDBullish11/19/20089.8394300
WEIDA (M) BHDBullish11/19/20080.42191500