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, August 24, 2010

Scan 24 Aug 10

Symbol TypeDateClose PriceVolume
ABRIC BHDBearish8/24/20100.24434000
AMALGAMATED INDUSTRIAL STEEL BHBearish8/24/20100.415110000
CHUAN HUAT RESOURCES BHDBearish8/24/20100.76117000
DENKO INDUSTRIAL CORPORATION BHBearish8/24/20100.095302600
DIALOG GROUP BHDBearish8/24/20101.0911554400
ECM LIBRA AVENUE BHDBearish8/24/20100.685936900
GPRO TECHNOLOGIES BHDBearish8/24/20100.0954470400
H-DISPLAYS (MSC) BHDBearish8/24/20100.03530000
INSAS BHDBearish8/24/20100.505243200
KPS CONSORTIUM BHDBearish8/24/20100.225444800
LION CORPORATION BHDBearish8/24/20100.285522600
LION DIVERSIFIED HOLDINGS BHDBearish8/24/20100.4151747900
MCM TECHNOLOGIES BHDBearish8/24/20100.075250000
NAM FATT CORPORATION BHDBearish8/24/20100.06425200
NTPM HOLDINGS BHDBearish8/24/20100.6148100
PAN MALAYSIAN INDUSTRIES BHDBearish8/24/20100.05167900
PJ DEVELOPMENT HOLDINGS BHDBearish8/24/20100.71638300
PRESS METAL BHDBearish8/24/20101.39639300
REDTONE INTERNATIONAL BHDBearish8/24/20100.21822400
SELANGOR DREDGING BHDBearish8/24/20100.75372300
TIONG NAM LOGISTICS HOLDINGS BHBearish8/24/20100.995146600
TRANSMILE GROUP BHDBearish8/24/20100.37468000
YEE LEE CORPORATION BHDBearish8/24/20103.23577400
D.B.E. GURNEY RESOURCES BHDBullish8/24/20100.2351561000
HAP SENG PLANTATIONS HOLDINGS BBullish8/24/20102.35295700
LAY HONG BHDBullish8/24/20101.721116200
LION FOREST INDUSTRIES BHDBullish8/24/20101.471026000
MLABS SYSTEMS BHDBullish8/24/20100.0751446600
SCOPE INDUSTRIES BHDBullish8/24/20100.05381700