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.

Thursday, December 11, 2008

Scan 11 Dec 08

Symbol TypeDateClose PriceVolume
ALAM MARITIM RESOURCES BHDBearish12/11/20080.6891900
IOI PROPERTIES BHDBearish12/11/20082.13332800
MEDA INC. BHDBearish12/11/20080.08222000
BANDAR RAYA DEVELOPMENTS BHDBullish12/11/20081.06271700
BHS INDUSTRIES BHDBullish12/11/20080.35194300
EDEN INC. BHDBullish12/11/20080.32287000
FARLIM GROUP (M) BHDBullish12/11/20080.255109600
KUMPULAN HARTANAH SELANGOR BHDBullish12/11/20080.33591000
LIQUA HEALTH CORPORATION BHDBullish12/11/20080.04174000
NEXTNATION COMMUNICATION BHDBullish12/11/20080.04680100
PPB GROUP BHDBullish12/11/20088.65694300
RCE CAPITAL BHDBullish12/11/20080.355249000
RHB CAPITAL BHDBullish12/11/20083.8779700
TENAGA NASIONAL BHDBullish12/11/20086.055997200
TSR CAPITAL BHDBullish12/11/20080.97128500
VITROX CORPORATION BHDBullish12/11/20080.47115000