Malaysia Stock Market MACD Scanner: Scan 1 Apr 09

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, April 1, 2009

Scan 1 Apr 09

Symbol	Type	Date	Close Price	Volume
ANN JOO RESOURCES BHD	Bearish	4/1/2009	1.05	217900
FAJAR BARU CAPITAL BHD	Bearish	4/1/2009	0.89	258300
GLOBETRONICS TECHNOLOGY BHD	Bearish	4/1/2009	0.49	100800
JOTECH HOLDINGS BHD	Bearish	4/1/2009	0.04	168300
PETRONAS GAS BHD	Bearish	4/1/2009	9.7	923100
SANICHI TECHNOLOGY BHD	Bearish	4/1/2009	0.045	280200
TH GROUP BHD	Bearish	4/1/2009	0.745	233500
AWC FACILITY SOLUTIONS BHD	Bullish	4/1/2009	0.105	129000
DPS RESOURCES BHD	Bullish	4/1/2009	0.09	243000
GSB GROUP BHD	Bullish	4/1/2009	0.03	113200
NCB HOLDINGS BHD	Bullish	4/1/2009	2.85	160000
PAN MALAYSIA HOLDINGS BHD	Bullish	4/1/2009	0.055	123200
TOP GLOVE CORPORATION BHD	Bullish	4/1/2009	4.9	527000
UMW HOLDINGS BHD	Bullish	4/1/2009	5.3	212800
WILLOWGLEN MSC BHD	Bullish	4/1/2009	0.25	139200