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 28, 2009

Scan 28 Jan 09

Symbol TypeDateClose PriceVolume
ETI TECH CORPORATION BHDBearish1/28/20092.09556700
IJM CORPORATION BHDBearish1/28/20093.46189500
NOVA MSC BHDBearish1/28/20090.045125000
EVERMASTER GROUP BHDBullish1/28/20090.0912040700
TALAM CORPORATION BHDBullish1/28/20090.156612700
VITROX CORPORATION BHDBullish1/28/20090.47485800