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 8, 2009

Scan 8 Apr 09

Symbol TypeDateClose PriceVolume
ASIAEP BHDBearish4/8/20090.07290000
BHS INDUSTRIES BHDBearish4/8/20090.36345000
HEKTAR REAL ESTATE INVESTMENT TBearish4/8/20090.87353000
PREMIUM NUTRIENTS BHDBearish4/8/20090.16115000
REXIT BHDBearish4/8/20090.461861000
YTL POWER INTERNATIONAL BHDBearish4/8/20091.914112500
KURNIA ASIA BHDBullish4/8/20090.25208000
LII HEN INDUSTRIES BHDBullish4/8/20090.45120000