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, December 17, 2008

Scan 17 Dec 08

Symbol TypeDateClose PriceVolume
ASIAN PAC HOLDINGS BHDBearish12/17/20080.07163000
CAROTECH BHDBearish12/17/20080.205102500
FARLIM GROUP (M) BHDBearish12/17/20080.235154700
HIROTAKO HOLDINGS BHDBearish12/17/20080.505223000
INTELLIGENT EDGE TECHNOLOGIES BBearish12/17/20080.08523500
MISC BHDBearish12/17/20088.45106900
PAN MALAYSIAN INDUSTRIES BHDBearish12/17/20080.04736600
PJBUMI BHDBearish12/17/20080.3651618300
TANJONG PUBLIC LIMITED COMPANYBearish12/17/200813249400
TOWER REAL ESTATE INVESTMENT TRBearish12/17/20080.83165500
AXIS REAL ESTATE INVESTMENT TRUBullish12/17/20081180100
DATAPREP HOLDINGS BHDBullish12/17/20080.215665500
EASTERN & ORIENTAL BHDBullish12/17/20080.42747500
ETI TECH CORPORATION BHDBullish12/17/20081.72646100
GSB GROUP BHDBullish12/17/20080.04180100
JASA KITA BHDBullish12/17/20080.095187000
KARAMBUNAI CORP BHDBullish12/17/20080.06305000
LATEXX PARTNERS BHDBullish12/17/20080.451796500
MENANG CORPORATION (M) BHDBullish12/17/20080.19286800
PETRONAS GAS BHDBullish12/17/20089.8265300
POS MALAYSIA & SERVICES HOLDINGBullish12/17/20082.01236500
SUNRISE BHDBullish12/17/20081.35108900