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, May 6, 2011

Scan 6 May 11

Symbol TypeDateClose PriceVolume
DPS RESOURCES BHDBearish5/6/20110.1505200
EG INDUSTRIES BHDBearish5/6/20110.36166200
GREEN PACKET BHDBearish5/6/20110.62105000
INTEGRAX BHDBearish5/6/20111.56538300
INTELLIGENT EDGE TECHNOLOGIES BBearish5/6/20110.03597000
KOSSAN RUBBER INDUSTRIES BHDBearish5/6/20113.2334900
LBS BINA GROUP BHDBearish5/6/20110.59128000
MEDA INC. BHDBearish5/6/20110.33126000
MTOUCHE TECHNOLOGY BHDBearish5/6/20110.19118000
PADINI HOLDINGS BHDBearish5/6/20111.08354900
TOWER REAL ESTATE INVESTMENT TRBearish5/6/20111.19234500
BORNEO AQUA HARVEST BHDBullish5/6/20110.505125100
DENKO INDUSTRIAL CORPORATION BHBullish5/6/20110.28713800
FAVELLE FAVCO BHDBullish5/6/20111.31474800
PROGRESSIVE IMPACT CORPORATIONBullish5/6/20110.25361100
UDS CAPITAL BHDBullish5/6/20110.215143000
UNICO-DESA PLANTATIONS BHDBullish5/6/20111.02115200