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.

Tuesday, December 2, 2008

Scan 2 Dec 08

Symbol TypeDateClose PriceVolume
CLASSIC SCENIC BHDBearish12/2/20080.35133700
CREST BUILDER HOLDINGS BHDBearish12/2/20080.48123000
EP MANUFACTURING BHDBearish12/2/20080.22258000
G.A.BLUE INTERNATIONAL BHDBearish12/2/20080.335568900
KARAMBUNAI CORP BHDBearish12/2/20080.0551603200
MALAYAN UNITED INDUSTRIES BHDBearish12/2/20080.15209000
PETRONAS GAS BHDBearish12/2/20089.7469500
SKP RESOURCES BHDBearish12/2/20080.09500000
AEON CO. (M) BHDBullish12/2/20083.94270400
GREEN PACKET BHDBullish12/2/20080.69233700
PAN MALAYSIAN INDUSTRIES BHDBullish12/2/20080.05253100
SUNWAY INFRASTRUCTURE BHDBullish12/2/20080.2204700
TALAM CORPORATION BHDBullish12/2/20080.14156100