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 20 Oct 11

Symbol TypeDateClose PriceVolume
CONNECTCOUNTY HOLDINGS BHDBearish10/20/20110.095149900
FOCUS DYNAMICS TECHNOLOGIES BHDBearish10/20/20110.0855368500
FUTUTECH BHDBearish10/20/20110.505213000
GPRO TECHNOLOGIES BHDBearish10/20/20110.1751055000
MINETECH RESOURCES BHDBearish10/20/20110.14311000
POH HUAT RESOURCES HOLDINGS BHDBearish10/20/20110.405284600
SMPC CORPORATION BHDBearish10/20/20110.11127000
BINA GOODYEAR BHDBullish10/20/20110.65136800
GLOBAL SOFT (MSC) BHDBullish10/20/20110.0411441700
WONG ENGINEERING CORPORATION BHBullish10/20/20110.26168000