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 31, 2008

Scan 31 Dec 08

Symbol TypeDateClose PriceVolume
ASTRO ALL ASIA NETWORKS PLCBearish12/31/20082.21534200
ECOFIRST CONSOLIDATED BHDBearish12/31/20080.13364000
EKOVEST BHDBearish12/31/20081.02119000
FARLIM GROUP (M) BHDBearish12/31/20080.24158800
IRIS CORPORATION BHDBearish12/31/20080.085617800
MEMS TECHNOLOGY BHDBearish12/31/20080.075170000
MENANG CORPORATION (M) BHDBearish12/31/20080.18209100
METRONIC GLOBAL BHDBearish12/31/20080.035196000
NESTLE (M) BHDBearish12/31/200827509000
NOVA MSC BHDBearish12/31/20080.05143000
TIME ENGINEERING BHDBearish12/31/20080.095682000
TOP GLOVE CORPORATION BHDBearish12/31/20083.5483800
UDS CAPITAL BHDBearish12/31/20080.095138000
UNICO-DESA PLANTATIONS BHDBearish12/31/20080.605149500
YTL POWER INTERNATIONAL BHDBearish12/31/20081.95204800
BERJAYA LAND BHDBullish12/31/20083.36755500
BOUSTEAD HOLDINGS BHDBullish12/31/20083.422776700
DIALOG GROUP BHDBullish12/31/20080.7954677600
EVERGREEN FIBREBOARD BHDBullish12/31/20080.54115000
HARBOUR-LINK GROUP BHDBullish12/31/20080.592741800
KARAMBUNAI CORP BHDBullish12/31/20080.055211000
KFC HOLDINGS (M) BHDBullish12/31/20087.45135100
MAH SING GROUP BHDBullish12/31/20081.6162000
RANHILL BHDBullish12/31/20080.7352853700
TALAM CORPORATION BHDBullish12/31/20080.1351434400
WENG ZHENG RESOURCES BHDBullish12/31/20080.23110000
WTK HOLDINGS BHDBullish12/31/20080.7251855400