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.

Tuesday, October 18, 2011

Scan 18 Oct 11

Symbol TypeDateClose PriceVolume
BCT TECHNOLOGY BHDBearish10/18/20110.02133000
HYTEX INTEGRATED BHDBearish10/18/20110.155135000
PATIMAS COMPUTERS BHDBearish10/18/20110.0551065800
COMPUGATES HOLDINGS BHDBullish10/18/20110.065400100
CONNECTCOUNTY HOLDINGS BHDBullish10/18/20110.1156100
VTI VINTAGE BHDBullish10/18/20110.09192900
YGL CONVERGENCE BHDBullish10/18/20110.225828000