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, April 3, 2009

Scan 3 Apr 09

Symbol TypeDateClose PriceVolume
FORMIS RESOURCES BHDBearish4/3/20090.775326200
GHL SYSTEMS BHDBearish4/3/20090.125130000
OGAWA WORLD BHDBearish4/3/20090.17119500
PLASTRADE TECHNOLOGY BHDBearish4/3/20090.07627400
TIEN WAH PRESS HOLDINGS BHDBearish4/3/20091.4354100
ASTRAL SUPREME BHDBullish4/3/20090.38124000
DELLOYD VENTURES BHDBullish4/3/20091.51167000
ECOFIRST CONSOLIDATED BHDBullish4/3/20090.125144000
JOTECH HOLDINGS BHDBullish4/3/20090.045140000
LNG RESOURCES BHDBullish4/3/20090.195116700
SAPURA RESOURCES BHDBullish4/3/20090.175203000
SKP RESOURCES BHDBullish4/3/20090.085250800
YTL LAND & DEVELOPMENT BHDBullish4/3/20090.575274500