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 Singapore Market Stocks 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.

Links
ADX Scanner
RSI Scanner
Trading System

Thursday, February 21, 2008

Scan 21 Feb 08

MACD Scan based on closing price on 21 Feb 08
Symbol TypeDateClose PriceVolume
ASIA DEKOR HOLDINGS LIMITEDBearish21-Feb-080.225837000
FUNG CHOI MEDIA GROUP LIMITEDBearish21-Feb-080.46289000
LIANG HUAT ALUMINIUM LTDBearish21-Feb-080.03555000
MANDARIN ORIENTAL INTL LTDBearish21-Feb-081.84835000
BOUSTEAD SINGAPORE LIMITEDBullish21-Feb-082.3101000
FIRST RESOURCES MBL ECW080401Bullish21-Feb-080.425483000
PACIFIC CENTURY REGIONAL DEVTSBullish21-Feb-080.275770000
SEMBCORP MARINE BNP ECW080626Bullish21-Feb-080.06200000
SIM SIANG CHOON LIMITEDBullish21-Feb-080.28135000

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