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, March 3, 2011

Scan 2 Mar 11

Symbol TypeDateClose PriceVolume
COASTAL CONTRACTS BHDBearish3/2/20112.47634100
EBWORX BHDBearish3/2/20110.445455900
GD EXPRESS CARRIER BHDBearish3/2/20110.745333750
GSB GROUP BHDBearish3/2/20110.0551193300
HAISAN RESOURCES BHDBearish3/2/20110.085376200
HEVEABOARD BHDBearish3/2/20111479100
HPI RESOURCES BHDBearish3/2/20112.41151400
ISS CONSULTING SOLUTIONS BHDBearish3/2/20110.072152800
KUANTAN FLOUR MILLS BHDBearish3/2/20110.56508500
LATEXX PARTNERS BHDBearish3/2/20112.65432900
LION FOREST INDUSTRIES BHDBearish3/2/20111.79206400
PALETTE MULTIMEDIA BHDBearish3/2/20110.061458600
SKP RESOURCES BHDBearish3/2/20110.261994800
YNH PROPERTY BHDBearish3/2/20112.033003600
NTPM HOLDINGS BHDBullish3/2/20110.545494000
SCOMI MARINE BHDBullish3/2/20110.584280000