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, February 24, 2011

Scan 23 Feb 11

Symbol TypeDateClose PriceVolume
ASIA PACIFIC LAND BHDBearish2/23/20110.42322100
BOLTON BHDBearish2/23/20111.2283200
FITTERS DIVERSIFIED BHDBearish2/23/20110.82723700
FREIGHT MANAGEMENT HLDGS BHDBearish2/23/20111.01118600
GLOBAL SOFT (MSC) BHDBearish2/23/20110.0511632600
HONG LEONG BANK BHDBearish2/23/20119.29818600
HOVID BHDBearish2/23/20110.231865100
LIEN HOE CORPORATION BHDBearish2/23/20110.315542000
MALAYAN UNITED INDUSTRIES BHDBearish2/23/20110.23524209500
PAN MALAYSIAN INDUSTRIES BHDBearish2/23/20110.055644500
SCICOM (MSC) BHDBearish2/23/20110.38150000
SOUTH MALAYSIA INDUSTRIES BHDBearish2/23/20110.305347500
YTL LAND & DEVELOPMENT BHDBearish2/23/20111.82305600
ENGTEX GROUP BHDBullish2/23/20110.91105800
FURQAN BUSINESS ORGANISATION BHBullish2/23/20110.173029100
LION FOREST INDUSTRIES BHDBullish2/23/20111.991587300
SBC CORPORATION BHDBullish2/23/20110.665424600