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, January 14, 2009

Scan 14 Jan 09

Symbol TypeDateClose PriceVolume
INS BIOSCIENCE BHDBearish1/14/20090.16238800
JADI IMAGING HOLDINGS BHDBearish1/14/20090.09472600
NATURAL BIO RESOURCES BHDBearish1/14/20090.27162000
P.A. RESOURCES BHDBearish1/14/20090.61981400
IRIS CORPORATION BHDBullish1/14/20090.095598900
MAH SING GROUP BHDBullish1/14/20091.59106900
MINPLY HOLDINGS (M) BHDBullish1/14/20090.241186600
UCHI TECHNOLOGIES BHDBullish1/14/20090.955169500