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 18, 2008

Scan 18 Dec 08

Symbol TypeDateClose PriceVolume
ETI TECH CORPORATION BHDBearish12/18/20081.68512800
KARAMBUNAI CORP BHDBearish12/18/20080.055133900
MEGA FIRST CORPORATION BHDBearish12/18/20080.72128200
METRONIC GLOBAL BHDBearish12/18/20080.035270300
PENTAMASTER CORPORATION BHDBearish12/18/20080.155190000
APL INDUSTRIES BHDBullish12/18/20080.03119000
AXIS INCORPORATION BHDBullish12/18/20080.115417300
EQUINE CAPITAL BHDBullish12/18/20080.3351838200
FARLIM GROUP (M) BHDBullish12/18/20080.255135300
FOTRONICS CORPORATION BHDBullish12/18/20080.03701100
GENTING BHDBullish12/18/20083.7817235200
HIROTAKO HOLDINGS BHDBullish12/18/20080.51370200
IDAMAN UNGGUL BHDBullish12/18/20080.045155000
MALTON BHDBullish12/18/20080.31178000
NEXNEWS BHDBullish12/18/20081.1196800
NEXTNATION COMMUNICATION BHDBullish12/18/20080.04830200
RAMUNIA HOLDINGS BHDBullish12/18/20080.35525633100
SALCON BHDBullish12/18/20080.395249200
TENCO BHDBullish12/18/20080.64463900
TRADEWINDS CORPORATION BHDBullish12/18/20080.3452637000
WAH SEONG CORPORATION BHDBullish12/18/20081.03355500