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, August 1, 2008

Scan 1 Aug 08

Symbol TypeDateClose PriceVolume
PILECON ENGINEERING BHDBearish8/1/20080.075257702
POS MALAYSIA & SERVICES HOLDINGBearish8/1/20081.83196200
STARHILL REAL ESTATE INVESTMENTBearish8/1/20080.86812700
WONDERFUL WIRE & CABLE BHDBearish8/1/20080.06194600
ATURMAJU RESOURCES BHDBullish8/1/20080.752476000
EVERGREEN FIBREBOARD BHDBullish8/1/20081.28193400
IOI CORPORATION BHDBullish8/1/20085.78020300
JOBSTREET CORPORATION BHDBullish8/1/20081.63158600
KUALA LUMPUR KEPONG BHDBullish8/1/200813.7827000