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 7, 2009

Scan 7 Jan 09

Symbol TypeDateClose PriceVolume
APL INDUSTRIES BHDBearish1/7/20090.021058200
KFC HOLDINGS (M) BHDBearish1/7/20097.35110300
LINGKARAN TRANS KOTA HOLDINGS BBearish1/7/20091.85871200
MEMS TECHNOLOGY BHDBearish1/7/20090.08382400
MOBIF BHDBearish1/7/20090.08289000
MUDAJAYA GROUP BHDBearish1/7/20091.02232800
PROGRESSIVE IMPACT CORPORATIONBearish1/7/20090.45510324200
SCICOM (MSC) BHDBearish1/7/20090.275294000
YTL CEMENT BHDBearish1/7/20092.4490500
AKN MESSAGING TECHNOLOGIES BHDBullish1/7/20090.125323600
JOTECH HOLDINGS BHDBullish1/7/20090.05316100