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.

Friday, March 27, 2009

Scan 27 Mar 09

Symbol TypeDateClose PriceVolume
BCT TECHNOLOGY BHDBearish3/27/20090.03134000
JOTECH HOLDINGS BHDBearish3/27/20090.04115300
LATEXX PARTNERS BHDBearish3/27/20090.54327000
MALAYSIA STEEL WORKS (KL)BHDBearish3/27/20090.56176400
MALAYSIAN BULK CARRIERS BHDBullish3/27/20093.04811900
MMC CORPORATION BHDBullish3/27/20091.473771400
OPENSYS (M) BHDBullish3/27/20090.07182100
ORIENTAL HOLDINGS BHDBullish3/27/20094.38100400
SUNRISE BHDBullish3/27/20090.983380400
TH GROUP BHDBullish3/27/20090.745651100