Free Moving Average Convergence Divergence Scan | January 27 2015

January 26, 2015

The markets has the knee-jerk reaction from the Greek poll resulting Euro jitters; as the wining party has promised to end the five years crippling austerity measured imposed by international lenders.

There is new uncertainty after Syriza party big win,  after Swiss removing of its currency cap with Euro, and European Central Bank (ECB) massive bond-buying program.

We see Singapore stocks benchmark, Straits Times Index, STI was influenced by the Greek poll. Although today, STI try to push up the index but it is still ended closed low at 3412.2 points.

Will Greece stay with Euro? What will be the impact if it is not? Every country need a currency not just for themself, but also for countries that it wants to interact with. As long as there is interaction, there is forex exchanges.

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:

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.

Free Singapore Stocks MACD Scan for Stocks closed greater than thirty (30) cents on Tuesday January 27,  2015

1. Stock volume traded greater 500K
2. MACD line crosses above MACD signal – Bullish trend
3. MACD line crosses above zero line – Bullish trend
4. MACD Histogram +ve Divergence – Bullish trend
5. MACD line crosses below MACD signal – Bearish trend
6. MACD line crosses below zero line – Bearish trend
7. MACD Histogram -ve Divergence – Bearish trend

Sorted by bias and volume.

Read link:

Tsipras Wins and Sets Greece on Collision Course With Euro Partners

– Bloomberg News

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Watch this space here, some great stock will be analyse here. See you more. 

Moses

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