Malaysia Stock Market MACD Scanner: Scan 6 Apr 11

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.

Wednesday, April 6, 2011

Scan 6 Apr 11

Symbol	Type	Date	Close Price	Volume
AXIS REAL ESTATE INVESTMENT TRU	Bearish	4/6/2011	2.32	341000
BORNEO OIL BHD	Bearish	4/6/2011	0.6	4135700
D & O VENTURES BHD	Bearish	4/6/2011	0.17	3914000
HPI RESOURCES BHD	Bearish	4/6/2011	3.51	508800
IOI CORPORATION BHD	Bearish	4/6/2011	5.55	11924700
KARAMBUNAI CORP BHD	Bearish	4/6/2011	0.215	10244800
KUMPULAN EUROPLUS BHD	Bearish	4/6/2011	1.44	2865200
MAGNA PRIMA BHD	Bearish	4/6/2011	0.79	134200
METECH GROUP BHD	Bearish	4/6/2011	0.4	582100
DOMINANT ENTERPRISE BHD	Bullish	4/6/2011	0.71	20561700
FOTRONICS CORPORATION BHD	Bullish	4/6/2011	0.015	13593600
MAMEE-DOUBLE DECKER (M) BHD	Bullish	4/6/2011	3.6	123900
MQ TECHNOLOGY BHD	Bullish	4/6/2011	0.105	208000
N2N CONNECT BHD	Bullish	4/6/2011	0.275	108700
SANICHI TECHNOLOGY BHD	Bullish	4/6/2011	0.045	171000