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.

Monday, February 28, 2011

Scan 28 Feb 11

Symbol TypeDateClose PriceVolume
EKOVEST BHDBearish2/28/20113.92954300
EURO HOLDINGS BHDBearish2/28/20110.5056786200
GPRO TECHNOLOGIES BHDBearish2/28/20110.06360000
KAWAN FOOD BHDBearish2/28/20111.35459200
MULTI-PURPOSE HOLDINGS BHDBearish2/28/20112.583007800
CARLSBERG BREWERY MALAYSIA BHDBullish2/28/20116.84692900
ESSO MALAYSIA BHDBullish2/28/20113.18668900
HING YIAP KNITTING INDUSTRIES BBullish2/28/20111.7539300
LATITUDE TREE HOLDINGS BHDBullish2/28/20111.73620800
TELEKOM MALAYSIA BHDBullish2/28/20113.9414604300
TRANS-ASIA SHIPPING CORP BHDBullish2/28/20111.45234300
UCHI TECHNOLOGIES BHDBullish2/28/20111.341251500