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 22, 2008

Scan 22 Aug 08

Symbol TypeDateClose PriceVolume
ECOFUTURE BHD.Bearish8/22/20080.075104000
GPA HOLDINGS BHDBearish8/22/20080.09236000
JOTECH HOLDINGS BHDBearish8/22/20080.05125300
PDZ HOLDINGS BHDBearish8/22/20080.1151851400
TELEKOM MALAYSIA BHDBearish8/22/20083.484535900
UBG BHDBearish8/22/20082.5258600
ASIATIC DEVELOPMENT BHDBullish8/22/20085.61619800
BANDAR RAYA DEVELOPMENTS BHDBullish8/22/20081.51360300
BATU KAWAN BHDBullish8/22/20088.55155900
HAP SENG CONSOLIDATED BHDBullish8/22/20082.4131000
MEDA INC. BHDBullish8/22/20080.11252400
MOBIF BHDBullish8/22/20080.19103100
TSH RESOURCES BHDBullish8/22/20082.2118700
YTL POWER INTERNATIONAL BHDBullish8/22/20081.783745300