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, September 22, 2011

Scan 21 Sep 11

Symbol TypeDateClose PriceVolume
D.B.E. GURNEY RESOURCES BHDBearish9/21/20110.06250000
EQUINE CAPITAL BHDBearish9/21/20110.46509000
GLOBAL SOFT (MSC) BHDBearish9/21/20110.03421200
GREEN PACKET BHDBearish9/21/20110.6710699400
IGB CORPORATION BHDBearish9/21/20111.96282900
JAKS RESOURCES BERHADBearish9/21/20110.57423300
LAFARGE MALAYAN CEMENT BHDBearish9/21/20116.73408200
LBS BINA GROUP BHDBearish9/21/20110.742088400
MINPLY HOLDINGS (M) BHDBearish9/21/20110.1258013300
OSK HOLDINGS BHDBearish9/21/20111.441549800
PATIMAS COMPUTERS BHDBearish9/21/20110.065688900
ASIA PACIFIC LAND BHDBullish9/21/20110.385255000
BURSA MALAYSIA BHDBullish9/21/20116.36529100
DRB-HICOM BHDBullish9/21/20112.011982500
GLOMAC BHDBullish9/21/20111.5331800
MALAYAN UNITED INDUSTRIES BHDBullish9/21/20110.235626500
MALAYSIAN BULK CARRIERS BHDBullish9/21/20111.82262300
OPENSYS (M) BHDBullish9/21/20110.1125100
RIMBUNAN SAWIT BHDBullish9/21/20112.281877200