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, October 20, 2011

Scan 19 Oct 11

Symbol TypeDateClose PriceVolume
COMPUGATES HOLDINGS BHDBearish10/19/20110.06666600
MALAYAN UNITED INDUSTRIES BHDBullish10/19/20110.2156647100
MINPLY HOLDINGS (M) BHDBullish10/19/20110.1135457600
SYCAL VENTURES BHDBullish10/19/20110.145634800
UNITED U-LI CORPORATION BHDBullish10/19/20110.771163900