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, December 1, 2008

Scan 1 Dec 08

Symbol TypeDateClose PriceVolume
AIRASIA BHDBearish12/1/20080.97512137100
COASTAL CONTRACTS BHDBearish12/1/20081.1324000
FAST TRACK SOLUTION HLDGS BHDBearish12/1/20080.06313600
FOTRONICS CORPORATION BHDBearish12/1/20080.025115100
GLOBETRONICS TECHNOLOGY BHDBearish12/1/20080.145812600
HO WAH GENTING BHDBearish12/1/20080.205116000
HOVID BHDBearish12/1/20080.171338300
LCL CORPORATION BHDBearish12/1/20080.7251007000
MALAYSIAN PLANTATIONS BHDBearish12/1/20081.811031000
MUHIBBAH ENGINEERING (M) BHDBearish12/1/20080.92310600
NEPLINE BHDBearish12/1/20080.055140000
TENAGA NASIONAL BHDBearish12/1/20085.96832800
TRADEWINDS CORPORATION BHDBearish12/1/20080.3251569400
AMALGAMATED CONTAINERS BHDBullish12/1/20083.4685300
FURQAN BUSINESS ORGANISATION BHBullish12/1/20080.055284400
HUBLINE BHDBullish12/1/20080.215418800
IGB CORPORATION BHDBullish12/1/20081.23537100
LIEN HOE CORPORATION BHDBullish12/1/20080.12222000
P.A. RESOURCES BHDBullish12/1/20080.3152092600
STAR PUBLICATIONS (M) BHDBullish12/1/20083.02148100
TECHNODEX BHDBullish12/1/20080.235688000