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 6, 2008

Scan 6 Nov 08

Symbol TypeDateClose PriceVolume
OPUS INTERNATIONAL GROUP PLCBearish11/6/20080.985151600
SYMPHONY HOUSE BHDBearish11/6/20080.24163300
ECOFIRST CONSOLIDATED BHDBullish11/6/20080.125525200
HONG LEONG FINANCIAL GROUP BHDBullish11/6/20083.92295300
INDUSTRIAL CONCRETE PRODUCTS BHBullish11/6/20082.1191900
I-POWER BHDBullish11/6/20080.145773700
JOTECH HOLDINGS BHDBullish11/6/20080.051104700
P.A. RESOURCES BHDBullish11/6/20080.435105400
VOIR HOLDINGS BHDBullish11/6/20081.8157900