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, May 12, 2009

Scan 12 May 09

Symbol TypeDateClose PriceVolume
MANHATTAN RESOURCES LIMITEDBearish12-May-090.485593000
VICPLAS INTERNATIONAL LTDBearish12-May-090.055124000
GIANT WIRELESS TECHNOLOGY LTDBullish12-May-090.045191000
KIM ENG HOLDINGS LIMITEDBullish12-May-091.57369000
MACARTHURCOOK PROP SEC FUNDBullish12-May-090.125396000
THAKRAL CORPORATION LTDBullish12-May-090.055751000
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