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.

Friday, May 2, 2008

Scan 2 May 08

Symbol TypeDateClose PriceVolume
AHMAD ZAKI RESOURCES BHDBearish5/2/20081.01403300
AIRASIA BHDBearish5/2/20081.258313600
ASIATIC DEVELOPMENT BHDBearish5/2/20087.82305400
CARLSBERG BREWERY MALAYSIA BHDBearish5/2/20084.08156800
ENGLOTECHS HOLDING BHDBearish5/2/20080.113127100
IOI CORPORATION BHDBearish5/2/20086.9519743900
IRIS CORPORATION BHDBearish5/2/20080.14891400
JADI IMAGING HOLDINGS BHDBearish5/2/20080.165246700
KARAMBUNAI CORP BHDBearish5/2/20080.0852081500
KIMBLE CORPORATION BHDBearish5/2/20080.14215700
KOSMO TECHNOLOGY INDUSTRIAL BHDBearish5/2/20080.156668000
MAGNUM CORPORATION BHDBearish5/2/20083.38522100
MALAYAN UNITED INDUSTRIES BHDBearish5/2/20080.34918100
MULTI-PURPOSE HOLDINGS BHDBearish5/2/20081.86199000
NOVA MSC BHDBearish5/2/20080.07229000
OILCORP BHDBearish5/2/20080.815148500
SINO HUA-AN INTERNATIONAL BHDBearish5/2/20080.715789100
TIME DOTCOM BHDBearish5/2/20080.46529655300
TIME ENGINEERING BHDBearish5/2/20080.26527457700
DIGI.COM BHDBullish5/2/200824.71681700
EXCEL FORCE MSC BHDBullish5/2/20080.285864700
FTEC RESOURCES BHDBullish5/2/20080.0751051000
FUTUTECH BHDBullish5/2/20080.62122000
GENERAL CORPORATION BHDBullish5/2/20081.14249700
HONG LEONG BANK BHDBullish5/2/20086.2936400
NALURI CORPORATION BHDBullish5/2/20080.751749900
PELIKAN INT.CORPORATION BHDBullish5/2/200832600100
TENAGA NASIONAL BHDBullish5/2/20086.64770700
TONG HERR RESOURCES BHDBullish5/2/20083.14100500
VTI VINTAGE BHDBullish5/2/20080.2129100