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, July 6, 2010

Scan 6 Jul 10

Symbol TypeDateClose PriceVolume
CHIN WELL HOLDINGS BHDBearish7/6/20101.02174600
GAMUDA BHDBearish7/6/20103.165731100
INSAS BHDBearish7/6/20100.48175100
LIEN HOE CORPORATION BHDBearish7/6/20100.26110200
MALAYSIA STEEL WORKS (KL)BHDBearish7/6/20100.88603800
MEDA INC. BHDBearish7/6/20100.195602000
RHB CAPITAL BHDBearish7/6/20105.85361300
SOUTH MALAYSIA INDUSTRIES BHDBearish7/6/20100.195109000
SP SETIA BHDBearish7/6/20103.96582600
TELEKOM MALAYSIA BHDBearish7/6/20103.353686000
TSH RESOURCES BHDBearish7/6/20101.8101000
AIRASIA BHDBullish7/6/20101.3213040700
ALAM MARITIM RESOURCES BHDBullish7/6/20101.83755400
D.B.E. GURNEY RESOURCES BHDBullish7/6/20100.225713200
IOI CORPORATION BHDBullish7/6/20105.053350800
MITRAJAYA HOLDINGS BHDBullish7/6/20101.25281000
P.A. RESOURCES BHDBullish7/6/20100.495455500
PERISAI PETROLEUM TEKNOLOGI BHDBullish7/6/20100.54577400
SUPERMAX CORPORATION BHDBullish7/6/20105.891844600
TECHNODEX BHDBullish7/6/20100.21159600
THREE-A RESOURCES BHDBullish7/6/20101.843567500
TITAN CHEMICALS CORP. BHDBullish7/6/20101.613274300