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.

Friday, January 9, 2009

Scan 9 Jan 09

Symbol TypeDateClose PriceVolume
GULA PERAK BHDBearish1/9/20090.045764400
HO WAH GENTING BHDBearish1/9/20090.21413800
JOHAN HOLDINGS BHDBearish1/9/20090.16107200
KOSMO TECHNOLOGY INDUSTRIAL BHDBearish1/9/20090.016850700
KPS CONSORTIUM BHDBearish1/9/20090.115116000
LATEXX PARTNERS BHDBearish1/9/20090.475551800
LIEN HOE CORPORATION BHDBearish1/9/20090.115455000
NAM FATT CORPORATION BHDBearish1/9/20090.23371000
NTPM HOLDINGS BHDBearish1/9/20090.481244600
PLUS EXPRESSWAYS BHDBearish1/9/20092.981392900
PUNCAK NIAGA HOLDINGS BHDBearish1/9/20092.61163000
TANJONG PUBLIC LIMITED COMPANYBearish1/9/200913.7134200
TELEKOM MALAYSIA BHDBearish1/9/20093.026820200
FAJAR BARU CAPITAL BHDBullish1/9/20090.54191000