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, January 7, 2010

Scan 7 Jan 10

Symbol TypeDateClose PriceVolume
CAM RESOURCES BHDBearish1/7/20100.19129800
FABER GROUP BHDBearish1/7/20101.591440900
SDKM FIBRES WIRES & CABLES BHDBearish1/7/20101.351160400
SUPERLON HOLDINGS BHDBearish1/7/20100.42110400
TENAGA NASIONAL BHDBearish1/7/20108.217101200
COASTAL CONTRACTS BHDBullish1/7/20102.09722300
DOLOMITE CORPORATION BHDBullish1/7/20100.22132600
ENGTEX GROUP BHDBullish1/7/20101.11244500
EXTOL MSC BHDBullish1/7/20100.09100100
PDZ HOLDINGS BHDBullish1/7/20100.085250300
TEJARI TECHNOLOGIES BHDBullish1/7/20100.14111000
UDS CAPITAL BHDBullish1/7/20100.165113500