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 27, 2011

Scan 27 Oct 11

Symbol TypeDateClose PriceVolume
CME GROUP BHDBearish10/27/20110.075147000
TPC PLUS BHDBearish10/27/20110.28110000
ABRIC BHDBullish10/27/20110.325412800
MALTON BHDBullish10/27/20110.62513992800
TECHNODEX BHDBullish10/27/20110.075535000