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.

Tuesday, May 21, 2013

Scan 21 May 13

Symbol TypeDateClose PriceVolume
GUAN CHONG BHDBearish5/21/20131.89994400
INDUSTRONICS BHDBearish5/21/20130.625060200
MMC CORPORATION BHDBearish5/21/20132.753030200
SP SETIA BHDBearish5/21/20133.736849100
TOMEI CONSOLIDATED BHDBearish5/21/20130.715166000
IOI CORPORATION BHDBullish5/21/20135.355800800
MALAYAN BANKING BHDBullish5/21/201310.2215546800
SIN CHEW MEDIA CORPORATION BHDBullish5/21/20131.24243900
SOUTHERN ACIDS (M) BHDBullish5/21/20132.81119000
UMW HOLDINGS BHDBullish5/21/201314.41390100