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 24, 2011

Scan 24 Oct 11

Symbol TypeDateClose PriceVolume
AMALGAMATED CONTAINERS BHDBearish10/24/20115.38202400
MEXTER TECHNOLOGY BHDBearish10/24/20110.115934800
COMPUGATES HOLDINGS BHDBullish10/24/20110.0651553600
INGRESS CORPORATION BHDBullish10/24/20110.79156900
KRISASSETS HOLDINGS BHDBullish10/24/20114.21196100
METRONIC GLOBAL BHDBullish10/24/20110.04489700