21 September 2014
MACD, Moving Average Convergence Divergence, is a trend following momentum indicator that shows the relationship of two moving averages of prices action.
MACD is made up of 2 lines, the MACD line and signal line.
Four common methods to trade:
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.
The listing for 18 September 2014, Thursday
- 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) | Screening Result |
| J16 | GSH CORPORATION LIMITED | 18/9/2014 | Bullish | 0.08 | 76826 | MACD Cross-Up Signal |
| N21 | NOBLE GROUP LIMITED | 18/9/2014 | Bullish | 1.42 | 65938 | MACD Cross-Up Signal |
| C68 | MIRACH ENERGY LIMITED | 18/9/2014 | Bullish | 0.176 | 46759 | MACD Cross-Up Signal |
| 5RA | ASIA-PACIFIC STRATEGIC INV LTD | 18/9/2014 | Bullish | 0.055 | 44074 | MACD-H +ve Divergence |
| E5H | GOLDEN AGRI-RESOURCES LTD | 18/9/2014 | Bullish | 0.505 | 17517 | MACD Cross-Up Signal |
| EG0 | JES INTERNATIONAL HOLDINGS LTD | 18/9/2014 | Bullish | 0.061 | 12343 | MACD +ve Divergence |
| R14 | RAMBA ENERGY LIMITED | 18/9/2014 | Bullish | 0.525 | 8404 | MACD Cross-Up ZeroLine |
| I07 | ISDN HOLDINGS LIMITED | 18/9/2014 | Bullish | 0.36 | 3812 | MACD-H +ve Divergence |
| OU8 | CENTURION CORPORATION LIMITED | 18/9/2014 | Bullish | 0.555 | 3415 | MACD Cross-Up Signal |
| S08 | SINGAPORE POST LIMITED | 18/9/2014 | Bullish | 1.75 | 3400 | MACD Cross-Up ZeroLine |
| SK7 | OUE HOSPITALITY TRUST | 18/9/2014 | Bullish | 0.915 | 3087 | MACD Cross-Up Signal |
| C22 | CHINA MERCHANTS HLDGS(PACIFIC) | 18/9/2014 | Bullish | 0.945 | 3057 | MACD Cross-Up Signal |
| N4E | NAM CHEONG LIMITED | 18/9/2014 | Bullish | 0.435 | 2586 | MACD-H +ve Divergence |
| 5OF | E2-CAPITAL HOLDINGS LIMITED | 18/9/2014 | Bullish | 0.196 | 2095 | MACD Cross-Up Signal |
| RE4 | GEO ENERGY RESOURCES LIMITED | 18/9/2014 | Bullish | 0.26 | 1993 | MACD Cross-Up Signal |
| 546 | MEDTECS INTERNATIONAL CORP LTD | 18/9/2014 | Bullish | 0.07 | 1584 | MACD Cross-Up ZeroLine |
| 5GC | CNA GROUP LTD. | 18/9/2014 | Bullish | 0.065 | 1569 | MACD-H +ve Divergence |
| 5CQ | TECHNICS OIL & GAS LIMITED | 18/9/2014 | Bullish | 0.77 | 1558 | MACD Cross-Up Signal |
| GG7 | HAI LECK HOLDINGS LIMITED | 18/9/2014 | Bullish | 0.4 | 1495 | MACD Cross-Up Signal |
| NR7 | RAFFLES EDUCATION CORP LTD | 18/9/2014 | Bullish | 0.34 | 1073 | MACD-H +ve Divergence |
| QC7 | Q & M DENTAL GROUP (S) LIMITED | 18/9/2014 | Bullish | 0.48 | 922 | MACD Cross-Up Signal |
| B16 | GUOCOLEISURE LIMITED | 18/9/2014 | Bullish | 0.985 | 836 | MACD +ve Divergence |
| O2F | SWING MEDIA TECHNOLOGY GRP LTD | 18/9/2014 | Bullish | 0.063 | 806 | MACD Cross-Up Signal |
| H73 | HUPSTEEL LTD | 18/9/2014 | Bullish | 0.205 | 600 | MACD Cross-Up Signal |
| F25U | FORTUNE REAL ESTATE INV TRUST | 18/9/2014 | Bullish | 7.08 | 598 | MACD-H +ve Divergence |
| A30 | ASPIAL CORPORATION LIMITED | 18/9/2014 | Bullish | 0.43 | 596 | MACD Cross-Up Signal |
| K01 | K1 VENTURES LIMITED | 18/9/2014 | Bullish | 0.194 | 590 | MACD-H +ve Divergence |
| K2LU | CACHE LOGISTICS TRUST | 18/9/2014 | Bullish | 1.175 | 523 | MACD +ve Divergence |
| S24 | STATS CHIPPAC LTD | 18/9/2014 | Bearish | 0.615 | 7418 | MACD Cross-Down ZeroLine |
| U14 | UOL GROUP LIMITED | 18/9/2014 | Bearish | 6.37 | 1368 | MACD Cross-Down Signal |
| P11 | PACIFIC ANDES RESOURCES DEVLTD | 18/9/2014 | Bearish | 0.12 | 1354 | MACD Cross-Down Signal |
| C6L | SINGAPORE AIRLINES LTD | 18/9/2014 | Bearish | 9.99 | 600 | MACD Cross-Down ZeroLine |
| Q01 | QAF LTD | 18/9/2014 | Bearish | 0.965 | 593 | MACD Cross-Down Signal |
Read more on similar postings
1) Moses’ Free MACD Scan – Singapore Stocks
2) Moses’ Free Singapore Stocks MACD Scan – 17 September 2014
3) Moses’ Stock Analysis – Dow Jones Industrial Average and S&P 500
Thanks for visiting the site, AmiBrokerAcademy.com.
Moses
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