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.

Thursday, October 22, 2009

Scan 21 Oct 09

Symbol TypeDateClose PriceVolume
ANCOM BHDBearish10/21/20090.62453200
CN ASIA CORPORATION BHDBearish10/21/20090.49767200
CWORKS SYSTEMS BHDBearish10/21/20090.17100800
DXN HOLDINGS BHDBearish10/21/20090.64427000
EKSONS CORPORATION BHDBearish10/21/20090.81147900
NATURAL BIO RESOURCES BHDBearish10/21/20090.58134500
PELIKAN INT.CORPORATION BHDBearish10/21/20091.53392100
RUBBEREX CORPORATION (M) BHDBearish10/21/20091.79485500
SUNWAY HOLDINGS INCORPORATED BHBearish10/21/20091.37419300
TRC SYNERGY BHDBearish10/21/20091.44344000
CHIN WELL HOLDINGS BHDBullish10/21/20091.11344300
KURNIA ASIA BHDBullish10/21/20090.757601300
SIGNATURE INTERNATIONAL BHDBullish10/21/20091.62314400