Welcome!
Welcome to AmiBrokerAcademy.com free MACD stock screener. This scanner run on a daily basis to help traders identifying stocks listed in Singapore that have MACD bullish or bearish signal.
Our stock scanner is an AmiBroker AFL script written based on the MACD indicator. MACD is a popular technical indicator to identify trend and potential reversal. The scanner replaces the human effort in reviewing stock by stock. With the screener script, it takes only a few minutes to go through the database that contains nearly 1000 equities listed in Singapore Stock Exchange.
Moving Average Convergence Divergence
- MACD stands for Moving Average Convergence Divergence, the MACD line (red line or called fast line) and MACD signal line (blue line, or called slow line).
- MACD bullish signal when red line crosses above the blue line or MACD line crosses above zero line.
- MACD bearish signal when blue line crosses below red line or MACD line crosses below zero line.
The scanner helps to shortlist the stock for further technical analysis to determine the entry and exit point, and the risk involved.
MACD Scan
The following are the 8 stocks that passed our selection criteria for MACD closed on 27 December 2011. These stocks are volume exceeding 100K and price above one dollar.
There are six stocks that have bullish MACD signal and two stocks that have bearish MACD signal. Due to the holiday season, the market will continue to be slow till after the New Year.
| Company | Type | Close | Vol.(K) | Screening Result |
| HYFLUX LTD | bullish |
1.105 |
3165 |
MACD Cross-Up Signal |
| STX OSV HOLDINGS LIMITED | bullish |
1.185 |
2444 |
MACD Cross-Up ZeroLine |
| OVERSEA-CHINESE BANKING CORP | bullish |
7.9 |
1198 |
MACD Cross-Up Signal |
| DBS GROUP HOLDINGS LTD | bullish |
11.7 |
1162 |
MACD Cross-Up Signal |
| SUNTEC REAL ESTATE INV TRUST | bullish |
1.09 |
1119 |
MACD Cross-Up Signal |
| CAPITAMALLS ASIA LIMITED | bullish |
1.165 |
899 |
MACD Cross-Up Signal |
| OVERSEAS UNION ENTERPRISE LTD | bearish |
2.04 |
489 |
MACD Cross-Down Signal |
| SATS LTD. | bearish |
2.19 |
489 |
MACD Cross-Down Signal |
Straits Times Index, Singapore stock market benchmark, STI
O = 2679.02 points
C = 2673.62 points
H = 2680.24 points
L = 2669.40 points
The Straits Times Index, STI closed 2.85 points lower than last Friday market closed. Yesterday December 26, 2011 there has not trading, as it was Singapore public holiday. Singapore Stock Exchange was closed.
DSICLAIMER
Information provided here is of the nature of a general comment only and no intend to be specific for trading advice. It has prepared without regard to any particular investment objectives, financial situation or needs. Information should not be considered as an offer or enticement to buy, sell or trade.
The above result is for illustration purpose. If particular stocks of such are mentioned, they are meant as demonstration of AmiBroker as a powerful charting software and MACD characteristics. AmiBroker can program to scan the stocks for buy and sell signals.
The MACD signal should use with price action. Users must understand MACD and price action before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence (MACD).
You should seek advice from your broker, or licensed investment advisor, before taking any action.
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.