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.

Monday, December 22, 2008

Scan 22 Dec 08

Symbol TypeDateClose PriceVolume
ETI TECH CORPORATION BHDBearish12/22/20081.68530900
GSB GROUP BHDBearish12/22/20080.035103000
OGAWA WORLD BHDBearish12/22/20080.185146300
SOUTH MALAYSIA INDUSTRIES BHDBearish12/22/20080.105128300
YTL CORPORATION BHDBearish12/22/20086.81058100
AIRASIA BHDBullish12/22/20080.934262000
METRONIC GLOBAL BHDBullish12/22/20080.04169200
MMC CORPORATION BHDBullish12/22/20080.9856707100
MUDA HOLDINGS BHDBullish12/22/20080.615110800
PERDUREN (M) BHDBullish12/22/20080.405131600
RB LAND HOLDINGS BHDBullish12/22/20080.7751359700
RESORTS WORLD BHDBullish12/22/20082.2411258700
TOWER REAL ESTATE INVESTMENT TRBullish12/22/20080.84144400