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, September 12, 2008

Scan 12 Sep 08

Symbol TypeDateClose PriceVolume
ASIAN PAC HOLDINGS BHDBearish9/12/20080.095388000
ASIATIC DEVELOPMENT BHDBearish9/12/20084.91123000
ASTRO ALL ASIA NETWORKS PLCBearish9/12/20083.21383200
DRB-HICOM BHDBearish9/12/20080.94326800
FTEC RESOURCES BHDBearish9/12/20080.06217000
GLOMAC BHDBearish9/12/20080.71102000
GREEN PACKET BHDBearish9/12/20080.94289100
HEXZA CORPORATION BHDBearish9/12/20080.705108100
INDUSTRIAL CONCRETE PRODUCTS BHBearish9/12/20082.78190000
LNG RESOURCES BHDBearish9/12/20080.185102400
MECHMAR CORPORATION (M) BHDBearish9/12/20080.21114800
PJBUMI BHDBearish9/12/20080.371131600
TA ENTERPRISE BHDBearish9/12/20080.8052343200
TANAH EMAS CORPORATION BHDBearish9/12/20080.72224000
TRICUBES BHDBearish9/12/20080.07105000
TSH RESOURCES BHDBearish9/12/20081.95144500
AIRASIA BHDBullish9/12/20081.184944300
BERJAYA SPORTS TOTO BHDBullish9/12/20084.56132200
ECOFIRST CONSOLIDATED BHDBullish9/12/20080.155136000
M3NERGY BHDBullish9/12/20080.961643300
YTL POWER INTERNATIONAL BHDBullish9/12/20081.8113767800