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

Wednesday, December 24, 2008

Scan 24 Dec 08

Symbol TypeDateClose PriceVolume
CHINA FISHERY GROUP LIMITEDBearish24-Dec-080.61320000
GUOCOLEISURE LIMITEDBearish24-Dec-080.3133000
JES INTERNATIONAL HOLDINGS LTDBearish24-Dec-080.105540000
SYNEAR FOOD HOLDINGS LIMITEDBearish24-Dec-080.267128000

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