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, December 24, 2008

Scan 24 Dec 08

Symbol TypeDateClose PriceVolume
BANDAR RAYA DEVELOPMENTS BHDBearish12/24/20081.01935900
BOUSTEAD HOLDINGS BHDBearish12/24/20083.14150300
DATAPREP HOLDINGS BHDBearish12/24/20080.19206100
LIQUA HEALTH CORPORATION BHDBearish12/24/20080.02662500
SCOMI GROUP BHDBearish12/24/20080.341625200
TIME ENGINEERING BHDBearish12/24/20080.1587300
APL INDUSTRIES BHDBullish12/24/20080.025670500
BERJAYA SPORTS TOTO BHDBullish12/24/20084.7388000
GHL SYSTEMS BHDBullish12/24/20080.2124000
MEDA INC. BHDBullish12/24/20080.085131000
METRONIC GLOBAL BHDBullish12/24/20080.04150800
NAIM INDAH CORPORATION BHDBullish12/24/20080.045395000
PERDUREN (M) BHDBullish12/24/20080.395132300
PETRONAS DAGANGAN BHDBullish12/24/20087.15134400
PRICEWORTH WOOD PRODUCTS BHDBullish12/24/20080.465100600
RHYTHM CONSOLIDATED BHDBullish12/24/20080.04339300
SOUTH MALAYSIA INDUSTRIES BHDBullish12/24/20080.11276500
UBG BHDBullish12/24/20082.59124100