Malaysia Stock Market MACD Scanner: Scan 21 Oct 11

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.

Saturday, October 22, 2011

Scan 21 Oct 11

Symbol	Type	Date	Close Price	Volume
AT SYSTEMATIZATION BHD	Bearish	10/21/2011	0.065	260000
BOON KOON GROUP BHD	Bearish	10/21/2011	0.39	3405700
EXTOL MSC BHD	Bearish	10/21/2011	0.18	114700
SP SETIA BHD	Bearish	10/21/2011	3.82	5433200
CONCRETE ENGINEERING PRODUCTS B	Bullish	10/21/2011	1.83	202500
GPRO TECHNOLOGIES BHD	Bullish	10/21/2011	0.19	27628000
LEN CHEONG HOLDING BHD	Bullish	10/21/2011	0.13	142100
POH HUAT RESOURCES HOLDINGS BHD	Bullish	10/21/2011	0.415	415000