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.

Friday, December 12, 2008

Scan 12 Dec 08

Symbol TypeDateClose PriceVolume
ASIAN PAC HOLDINGS BHDBearish12/12/20080.07377000
ECOFUTURE BHD.Bearish12/12/20080.065209600
EVERGREEN FIBREBOARD BHDBearish12/12/20080.56272000
SARAWAK OIL PALMS BHDBearish12/12/20081.93249500
ASIATIC DEVELOPMENT BHDBullish12/12/20083.26531400
EKOVEST BHDBullish12/12/20081.08202100
GPA HOLDINGS BHDBullish12/12/20080.08158000
HIAP TECK VENTURE BHDBullish12/12/20080.62338600
HOCK SENG LEE BHDBullish12/12/20080.475159000
LAND & GENERAL BHDBullish12/12/20080.17290000
LBS BINA GROUP BHDBullish12/12/20080.235140900
PANTECH GROUP HOLDINGS BHDBullish12/12/20080.435299500
TRANSMILE GROUP BHDBullish12/12/20080.52201200