January 26, 2015
The euro hits the lowest levels in more than a decade against the U.S. dollar and Japanese yen. As Asian stocks and U.S. futures tumbled after Greece vote. The Eurozone has worried many markets. Singapore stocks index weaken today. See Straits Times Index, STI chart for more details.
Oscillator Moving Average Convergence Divergence
MACD is a popular trend following momentum indicator that shows the relationship of two moving averages of prices action; the MACD line and signal line.
Four MACD Signals:
- 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.
- Divergence – The security price action diverges from the MACD. It signals the end of the current trend.
- 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.
- 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.
Free Singapore Stocks MACD Scan for Stocks closed greater than thirty (30) cents on Monday January 26, 2015
- Stock volume traded greater 500K
- MACD line crosses above MACD signal – Bullish trend
- MACD line crosses above zero line – Bullish trend
- MACD Histogram +ve Divergence – Bullish trend
- MACD line crosses below MACD signal – Bearish trend
- MACD line crosses below zero line – Bearish trend
- MACD Histogram -ve Divergence – Bearish trend
| Ticker | Company | Date | Bias | Close | Vol.(K) |
| J7X | TIGER AIRWAYS HOLDINGS LIMITED | 26/1/2015 | Bullish | 0.32 | 113876 |
| BN4 | KEPPEL CORPORATION LIMITED | 26/1/2015 | Bullish | 8.16 | 25351 |
| AFC | W CORPORATION LIMITED | 26/1/2015 | Bullish | 0.43 | 12026 |
| MS7 | VARD HOLDINGS LIMITED | 26/1/2015 | Bullish | 0.525 | 6770 |
| S3N | OKH GLOBAL LTD. | 26/1/2015 | Bullish | 0.57 | 6050 |
| BN2 | VALUETRONICS HOLDINGS LIMITED | 26/1/2015 | Bullish | 0.36 | 4146 |
| D5IU | LIPPO MALLS INDO RETAIL TRUST | 26/1/2015 | Bullish | 0.345 | 3928 |
| J2T | HOCK LIAN SENG HOLDINGS LTD | 26/1/2015 | Bullish | 0.36 | 2574 |
| F9D | BOUSTEAD SINGAPORE LIMITED | 26/1/2015 | Bullish | 1.8 | 1966 |
| M1GU | SABANA SHARI’AH COMPLIANT REIT | 26/1/2015 | Bullish | 0.93 | 1911 |
| F34 | WILMAR INTERNATIONAL LIMITED | 26/1/2015 | Bullish | 3.25 | 1717 |
| D05 | DBS GROUP HOLDINGS LTD | 26/1/2015 | Bearish | 19.93 | 2626 |
| S68 | SINGAPORE EXCHANGE LIMITED | 26/1/2015 | Bearish | 7.84 | 2077 |
| C09 | CITY DEVELOPMENTS LIMITED | 26/1/2015 | Bearish | 10.16 | 1585 |
| J91U | CAMBRIDGE INDUSTRIAL TRUST | 26/1/2015 | Bearish | 0.68 | 1120 |
| J85 | CDL HOSPITALITY TRUSTS | 26/1/2015 | Bearish | 1.8 | 975 |
| S58 | SATS LTD. | 26/1/2015 | Bearish | 2.93 | 748 |
Sorted by bias and volume.
Reference link:
Euro, U.S. Futures, Asian Stocks Fall Following Greek Election
– The Wall Street Journal
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Moses
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