Free MACD Scan for Trading Day Close May 2, 2017 | Moses Singapore Stock Scan

May 11, 2017

Free Singapore Stocks MACD signals. Free MACD Scan for Trading Day Close May 2, 2017

 May 1, 2017 was a public holiday in Singapore.

Welcome to Moses’s Stock Scan at AmiBrokerAcademy.com. 

The following are Singapore stocks five-day MACD screening using Amibroker script . These stocks screening narrow it to stocks with a minimum value of one dollar with at least 2,500,000 shares changed hands.

Why Using Script to Screen Stocks?

To narrow down to only a few stocks for your limited capital and ensure the stocks might move in the short term.

The posting is late, but it is better than none.

We Look For the following Four MACD Signals:

  1. Crossovers – Sell Strategy, MACD crosses below the signal line. Buy Strategy, MACD rallies above the signal line. It is advisable to wait for confirmation to reduce possible whipsaw.
  2. Divergence – The security price action diverges from the MACD. It signals the end of the current trend.
  3. Cross Zero Line – MACD moves above or below zero line. Upward trend: Cross above zero line, short MA above long MA. Downward trend: Cross below zero line, short MA below long MA.
  4. Dramatic rise or fall – MACD rises or decline dramatically – when the shorter moving average pulls away from the longer-term moving average – Oversold or Overbought.

 We vary the selection criteria, ie narrow down to 2,500,000 stocks changed hands.

May 2, 2017 Singapore MACD Scan

Ticker Company Date Trend Close Vol.(K) Screening Result
U11 UNITED OVERSEAS BANK LTD 2/5/2017 Bullish 22.8 7914 MACD Cross-Up Signal
Z25 YANLORD LAND GROUP LIMITED 2/5/2017 Bullish 1.97 5963 MACD Cross-Up Signal
C38U CAPITALAND MALL TRUST 2/5/2017 Bearish 1.97 12534 MACD Cross-Down ZeroLine
M44U MAPLETREE LOGISTICS TRUST 2/5/2017 Bearish 1.12 6174 MACD Cross-Down Signal
N2IU MAPLETREE COMMERCIAL TRUST 2/5/2017 Bearish 1.575 3184 MACD-H -ve Divergence

 

 

Moses

AmiBrokerAcademy.com

Disclaimer

The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.

These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.

Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.