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.

Tuesday, April 7, 2009

Scan 7 Apr 09

Symbol TypeDateClose PriceVolume
EXTOL MSC BHDBearish4/7/20090.1151000000
NEXTNATION COMMUNICATION BHDBearish4/7/20090.0351284600
OCTAGON CONSOLIDATED BHDBearish4/7/20090.345383900
DAIBOCHI PLASTIC & PACKAGING INBullish4/7/20090.635140100
PADIBERAS NASIONAL BHDBullish4/7/20091.32114000
TELEKOM MALAYSIA BHDBullish4/7/20093.644146200