Moses’s MACD Singapore Stock Scan – January 10, 2012

Welcome!

Moses’s MACD Singapore Stock Scan .Welcome to AmiBrokerAcademy.com free MACD Singapore stock scan. MACD stock scanner will run on a daily basis to help filter Singapore stock listing in Singapore Stock Exchange, SGX that show bullish trade signal or bearish trade signal.

The MACD scanner here will only identify stocks that have MACD bullish signal or bearish signal. The MACD scanner will only pick those stocks that have fulfilled the conditions of volume greater than 100K and have stock price more than a dollar.

 

Moving Average Convergence Divergence, MACD

For those we do not know what MACD is. MACD was developed by Gerald Appel in the late seventies.

  1. 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).
  2. MACD Bullish Signal Line Cross: MACD bullish signal when red line crosses above the blue line or MACD line crosses above zero line.
  3. MACD Bearish Signal Line Cross: MACD bearish signal when blue line crosses below red line or MACD line crosses below zero line.

 

MACD Screening

These are 8 stocks picked for today. The following 7 stocks passed our selection criteria for MACD scan script that closed on January 10, 2012. These stocks are volume exceeding 100K and price above one dollar.

5 stocks are having bullish MACD signal and 3 are having bearish signal.

Company Type Close Vol.(K) Screening Result
STRAITS ASIA RESOURCES LIMITED bullish

2.05

8066

MACD Cross-Up ZeroLine
WING TAI HLDGS LTD bullish

1

859

MACD Cross-Up ZeroLine
OVERSEA-CHINESE BANKING CORP bullish

8.04

2154

MACD Cross-Up ZeroLine
IS MSCI INDIA 100 bullish

5.44

921

MACD Cross-Up ZeroLine
TAN CHONG INT’L LTD bullish

1.85

144

MACD Cross-Up Signal
PARKWAYLIFE REIT bearish

1.755

210

MACD Cross-Down Signal
NEPTUNE ORIENT LINES LIMITED bearish

1.17

5847

MACD Cross-Down Signal
SINGTEL bearish

3.11

14069

MACD Cross-Down Signal

 

By Moses

 

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.

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.

 

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.