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, July 8, 2009

Scan 8 July 09

Symbol TypeDateClose PriceVolume
ADVANCE INFORMATION MARKETING BBearish7/8/20090.085630100
MITHRIL BHDBearish7/8/20090.091070100
UMW HOLDINGS BHDBearish7/8/20095.8954800
DREAMGATE CORPORATION BHDBullish7/8/20090.181182500
ENVAIR HOLDING BHDBullish7/8/20090.145170000
GREEN PACKET BHDBullish7/8/20090.7658500
HONG LEONG BANK BHDBullish7/8/20095.8177100
KEY ASIC BHDBullish7/8/20090.675476500
MITRAJAYA HOLDINGS BHDBullish7/8/20090.53162700
SUPERMAX CORPORATION BHDBullish7/8/20091.854154200