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, October 17, 2011

Scan 17 Oct 11

Symbol TypeDateClose PriceVolume
ASIAEP BHDBearish10/17/20110.072813100
COMPUGATES HOLDINGS BHDBearish10/17/20110.061663700
KOTRA INDUSTRIES BHDBearish10/17/20110.5105100
A-RANK BHDBullish10/17/20110.415167200
EASTERN & ORIENTAL BHDBullish10/17/20111.5213035700
KBB RESOURCES BHDBullish10/17/20110.2951796100
PENTAMASTER CORPORATION BHDBullish10/17/20110.2337000
RESINTECH BHDBullish10/17/20110.335387000
SMR TECHNOLOGIES BHDBullish10/17/20110.145222000
TENCO BHDBullish10/17/20110.681039600