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.

Wednesday, September 3, 2008

Scan 3 Sep 08

Symbol TypeDateClose PriceVolume
ANN JOO RESOURCES BHDBearish9/3/20083.04334100
DIALOG GROUP BHDBearish9/3/20081.081773900
HAP SENG PLANTATIONS HOLDINGS BBearish9/3/20082.152965100
INSAS BHDBearish9/3/20080.335323000
LION CORPORATION BHDBearish9/3/20080.47188500
MALTON BHDBearish9/3/20080.36148000
MITHRIL BHDBearish9/3/20080.07300000
SCOMI GROUP BHDBearish9/3/20080.631276500
SP SETIA BHDBearish9/3/20083.161509100
TMC LIFE SCIENCES BHDBearish9/3/20081.54296600
UNICO-DESA PLANTATIONS BHDBearish9/3/20080.875276800
BERJAYA SPORTS TOTO BHDBullish9/3/20084.62422700
CEMENT INDUSTRIES OF MALAYSIA BBullish9/3/20085.81948400
COASTAL CONTRACTS BHDBullish9/3/20082.28553000
GULA PERAK BHDBullish9/3/20080.0651490000
MULTI-PURPOSE HOLDINGS BHDBullish9/3/20081.42873900
NIKKO ELECTRONICS BHDBullish9/3/20080.04124100
OPCOM HOLDINGS BHDBullish9/3/20080.4186000
OSK HOLDINGS BHDBullish9/3/20081.46229500
RCE CAPITAL BHDBullish9/3/20080.475744100