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.

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Friday, September 3, 2010

Scan 3 Sep 10

Symbol TypeDateClose PriceVolume
BAN JOO & COMPANY LIMITEDBearish9/3/20100.04449000
C & O PHARM TECH (HLDGS) LTDBearish9/3/20100.4651235000
CENTILLION ENV & RECYC LIMITEDBearish9/3/20100.005399000
COMPACT METAL INDUSTRIES LTDBearish9/3/20100.005101000
K1 VENTURES LIMITEDBearish9/3/20100.145170000
LANTROVISION (S) LTDBearish9/3/20100.03400000
RAFFLES MEDICAL GROUP LTDBearish9/3/20102.01404000
STAR PHARMACEUTICAL LIMITEDBearish9/3/20100.13160000
SWING MEDIA TECHNOLOGY GRP LTDBearish9/3/20100.045120000
ALLIED TECHNOLOGIES LIMITEDBullish9/3/20100.0925611000
ASIA ENTERPRISES HOLDING LTDBullish9/3/20100.275122000
BBR HOLDINGS (S) LTDBullish9/3/20100.23199000
CHINA ESSENCE GROUP LTD.Bullish9/3/20100.285750000
DMX TECHNOLOGIES GROUP LTDBullish9/3/20100.3352931000
DUKANG DISTILLERS HLDGS LTDBullish9/3/20100.721100000
EZION HOLDINGS LIMITEDBullish9/3/20100.6457118000
FEDERAL INT(2000) LTDBullish9/3/20100.1558958000
FRASER AND NEAVE LIMITEDBullish9/3/20105.651724000
FRENCKEN GROUP LIMITEDBullish9/3/20100.3526000
GLOBAL TESTING CORPORATION LTDBullish9/3/20100.08113000
GMG GLOBAL LTDBullish9/3/20100.2215717000
GUANGZHAO IND FOREST BIOGRPLTDBullish9/3/20100.045600000
GUOCOLAND LIMITEDBullish9/3/20102.17251000
GUOCOLEISURE LIMITEDBullish9/3/20100.6254756000
HIAP SENG ENGINEERING LTDBullish9/3/20100.615383000
HOCK LIAN SENG HOLDINGS LTDBullish9/3/20100.3255000
HONGKONG LAND HOLDINGS LIMITEDBullish9/3/20105.5989000
INDOFOOD AGRI RESOURCES LTD.Bullish9/3/20102.372621000
IPCO INT'L LIMITEDBullish9/3/20100.025232000
JACKSPEED CORPORATION LIMITEDBullish9/3/20100.09101000
JIUTIAN CHEMICAL GROUP LIMITEDBullish9/3/20100.06510545000
KEPPEL LAND LIMITEDBullish9/3/20103.891488000
KING WAN CORPORATION LIMITEDBullish9/3/20100.155266000
KOH BROTHERS GROUP LIMITEDBullish9/3/20100.2054143000
LOTTVISION LIMITEDBullish9/3/20100.042740000
MERMAID MARITIME PUBLIC CO LTDBullish9/3/20100.43499000
METRO HOLDINGS LIMITEDBullish9/3/20100.77170000
NOVO GROUP LTD.Bullish9/3/20100.19682000
OKP HOLDINGS LIMITEDBullish9/3/20100.47211000
SAIZEN REAL ESTATE INV TRUSTBullish9/3/20100.163937000
SIN HENG HEAVY MACHINERY LTDBullish9/3/20100.21688000
SUNNINGDALE TECH LTDBullish9/3/20100.20520047000
THAI BEVERAGE PUBLIC CO LTDBullish9/3/20100.29513830000
TIME WATCH INVESTMENTS LIMITEDBullish9/3/20100.185261000
UNI-ASIA FINANCE CORPORATIONBullish9/3/20100.331020000
UNITED ENVIROTECH LTDBullish9/3/20100.414702000
UPP HOLDINGS LIMITEDBullish9/3/20100.1833031000
YHI INTERNATIONAL LIMITEDBullish9/3/20100.265259000
YING LI INTL REAL ESTATE LTDBullish9/3/20100.4116776000
Z-OBEE HOLDINGS LIMITEDBullish9/3/20100.3921538000

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1 comment:

STOCK IDEAS - INDIA said...

A study carried-out by a reliable global research firm has confirmed that global economy has bottomed out and the recovery has commenced.

Baltic Dry Index is considered as the most reliable leading indicator of global economic activity. This index indirectly measures global supply and demand for the commodities shipped aboard dry bulk carriers, such as building materials, coal, metallic ores, and grains. Because dry bulk primarily consists of materials that function as raw material inputs to the production of intermediate or finished goods, such as concrete, electricity, steel, and food, the index is also seen as an efficient economic indicator of future economic growth and production. This has bottomed out at 1700 levels and is presently at 2750.

The next global economic growth cycle which has just commenced and may run a 7-8 year cycle, has shifted its Center of Gravity. The run-up of next three decades will be primarily driven by China, India & Brazil. The shifting of investment capital into these regions will surely take place, but after lot of initial resistance. This is because investors are seeing the wrong direction and reading wrong indicators.

Auto sales in Asian region is surging. Confidence level of Entrepreneurs in Asia especially India & China are surging. Consumption is booming. Prosperity levels are on the rise. Employment rate is rising.

If so, what are the implications? The stock markets are yet to pick up the signal. But it is just a matter of time. Along with rising equity markets, commodities will move up. Crude prices and coal prices will soon commence their rally. Stock markets will pick up. But the point being conveyed is that one should not keep an eye on Dow and Nasdaq. Yes, they will rally but there isn't enough headroom. Sensex, Bovespa, Hang Seng etc will lead the rally and hit new highs. The old order will change gradually. It is time world starts tracking monsoons in India, commodity exports from Brazil, Russia, IIP numbers of China etc. So, when Dow touches 11000 Sensex will touch 22000.

What are the stocks to look for. Here are our six top picks:-
1. Reliance Industries
2. Larsen & Toubro
3. Mercator Lines
4. SBI
5. Pantaloon Retail
6. Mahindra & Maindra

An investment of Rs one lakh invested in each of the stock will return Rs 12 lakh in 12-14 months time. The midcap stock Mercator lines is added in the portfolio to spruce up the return ratio.

Here are the reasons why we have picked the stocks. The common reasons running through all these stocks are their able management. All these companies are well-diversified and yet with clear visibility of steady cash flows. All of them are in sectors which pose heavy entry barriers and there are difficulties in starting or replicating similar businesses. All of them reflect India growth story and will be befitted directly or indirectly through this. All the large cap stocks will give 50% return in a year. Mercator Lines will reward investor very handsomely. Our immediate target is Rs 75/ - One can expect a price of Rs 120/- in one year period and Rs 240/- in two years. The reasons are good cash levels, high institutional holding and diversifications which are on the verge of pumping additional cash into the company, exposure to commodity space - i.e coal & oil

Incidentally all of them are F&O stocks.

Three cheers to India and its investors!

September 4, 2010 at 3:07 PM

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