Malaysia Stock Market MACD Scanner: Scan 12 May 2023

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.

Saturday, May 13, 2023

Scan 12 May 2023

Symbol	Type	Date	Close Price	Volume
AXJ-REITSETF	Bearish	5/12/2023	0.788	18500
BPPLAS	Bearish	5/12/2023	1.18	11700
GENM	Bearish	5/12/2023	2.72	2994100
IGBCR	Bearish	5/12/2023	0.505	180000
MAYBANK	Bearish	5/12/2023	8.69	8072900
PCHEM	Bearish	5/12/2023	7.03	5536300
SAMCHEM	Bearish	5/12/2023	0.555	111100
SCNWOLF	Bearish	5/12/2023	0.44	75800
SENTRAL	Bearish	5/12/2023	0.85	289200
XL	Bearish	5/12/2023	0.77	163700
AME	Bullish	5/12/2023	1.4	44400
FGV	Bullish	5/12/2023	1.49	250300
HOMERIZ	Bullish	5/12/2023	0.48	50000
JTIASA	Bullish	5/12/2023	0.7	1844700
KERJAYA	Bullish	5/12/2023	1.13	16100
LHI	Bullish	5/12/2023	0.56	1139000
MGRC	Bullish	5/12/2023	0.61	8757200
PHARMA	Bullish	5/12/2023	0.38	1451800
THPLANT	Bullish	5/12/2023	0.535	848000