Malaysia Stock Market MACD Scanner: Scan 31 Oct 11

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.

Monday, October 31, 2011

Scan 31 Oct 11

Symbol	Type	Date	Close Price	Volume
BORNEO AQUA HARVEST BHD	Bearish	10/31/2011	0.405	1835100
INTEGRAX BHD	Bearish	10/31/2011	1.15	300000
MALTON BHD	Bearish	10/31/2011	0.61	5489300
PAN MALAYSIAN INDUSTRIES BHD	Bearish	10/31/2011	0.045	1055200
PATIMAS COMPUTERS BHD	Bearish	10/31/2011	0.05	720000
REDTONE INTERNATIONAL BHD	Bearish	10/31/2011	0.285	10054600
SCOPE INDUSTRIES BHD	Bearish	10/31/2011	0.095	200000
SKP RESOURCES BHD	Bearish	10/31/2011	0.25	255300
THE MEDIA SHOPPE BHD	Bearish	10/31/2011	0.08	18591900
ASIAEP BHD	Bullish	10/31/2011	0.08	2011300
COMPUGATES HOLDINGS BHD	Bullish	10/31/2011	0.065	3814000
HARBOUR-LINK GROUP BHD	Bullish	10/31/2011	0.92	362200
MINETECH RESOURCES BHD	Bullish	10/31/2011	0.155	4907300