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.

Thursday, December 2, 2010

Scan 1 Dec 10

Symbol TypeDateClose PriceVolume
LNG RESOURCES BHDBearish12/1/20100.23123700
MAH SING GROUP BHDBearish12/1/20101.825447800
MALAYSIA STEEL WORKS (KL)BHDBearish12/1/20101.07382300
MATRIX INTERNATIONAL BHDBearish12/1/20100.76287700
NI HSIN RESOURCES BHDBearish12/1/20100.18248000
TALAM CORPORATION BHDBearish12/1/20100.093952800
YTL CORPORATION BHDBearish12/1/20108.191288500
DRB-HICOM BHDBullish12/1/20101.3819600700
JMR CONGLOMERATION BHDBullish12/1/20100.195270000
KECK SENG (M) BHDBullish12/1/20106.331343000
LIPO CORPORATION BHDBullish12/1/20100.605152900
LITESPEED EDUCATION TECHNOLOGIEBullish12/1/20100.2794600
MALAYSIA AIRPORT HOLDINGS BHDBullish12/1/20106.22263600
MALAYSIAN AIRLINE SYSTEM BHDBullish12/1/20102.122475500
NEXTNATION COMMUNICATION BHDBullish12/1/20100.055650100
NGIU KEE CORPORATION (M) BHDBullish12/1/20100.06123000
PADIBERAS NASIONAL BHDBullish12/1/20102.16110500
PBA HOLDINGS BHDBullish12/1/20100.91459900
PETRONAS DAGANGAN BHDBullish12/1/201011.7260800
SAPURACREST PETROLEUM BHDBullish12/1/20102.83262900
SIN CHEW MEDIA CORPORATION BHDBullish12/1/20100.875158000
TRADEWINDS PLANTATION BHDBullish12/1/20102.61511100