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.

Thursday, January 29, 2009

Scan 29 Jan 09

Symbol TypeDateClose PriceVolume
EASTERN & ORIENTAL BHDBearish1/29/20090.612296800
GULA PERAK BHDBearish1/29/20090.0454348100
LEWEKO RESOURCES BHDBearish1/29/20090.34108000
MELATI EHSAN HOLDINGS BHDBearish1/29/20090.645190800
ASIAN PAC HOLDINGS BHDBullish1/29/20090.075274100
CAROTECH BHDBullish1/29/20090.22100300
GEORGE KENT (M) BHDBullish1/29/20090.495109700
HUBLINE BHDBullish1/29/20090.2432800
PLASTRADE TECHNOLOGY BHDBullish1/29/20090.13201000
PROGRESSIVE IMPACT CORPORATIONBullish1/29/20090.4511417200
TEKALA CORPORATION BHDBullish1/29/20090.8343000