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 8, 2009

Scan 8 Jan 09

Symbol TypeDateClose PriceVolume
ADVANCE SYNERGY BHDBearish1/8/20090.0851064100
BHS INDUSTRIES BHDBearish1/8/20090.36221900
INSAS BHDBearish1/8/20090.305140500
JOTECH HOLDINGS BHDBearish1/8/20090.045240000
MEDA INC. BHDBearish1/8/20090.08157500
MINPLY HOLDINGS (M) BHDBearish1/8/20090.2351052700
NEPLINE BHDBearish1/8/20090.0253870400
PECD BHDBearish1/8/20090.025286000
POH KONG HOLDINGS BHDBearish1/8/20090.38123800
YTL POWER INTERNATIONAL BHDBearish1/8/20091.936318600
MENANG CORPORATION (M) BHDBullish1/8/20090.185111500