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

Tuesday, December 16, 2008

Scan 16 Dec 08

Symbol TypeDateClose PriceVolume
A-SONIC AEROSPACE LIMITEDBearish16-Dec-080.042601000
ELLIPSIZ LTDBearish16-Dec-080.03795000
EU YAN SANG INTERNATIONAL LTDBearish16-Dec-080.32116000
KIM ENG HOLDINGS LIMITEDBearish16-Dec-080.975316000
MIDAS HLDGS LIMITEDBearish16-Dec-080.5110629000
SUN EAST GROUP LIMITEDBearish16-Dec-080.0151200000
ASIA TIGER GROUP LIMITEDBullish16-Dec-080.094848000

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