Moving Average Convergence Divergence (MACD), October 28, 2014

October 30, 2014

 

Moving Average Convergence Divergence, MACD oscillator, is a trend following momentum indicator that shows the relationship of two moving averages of prices action; the MACD line and signal line.

 

Three ways to trade:

  1. Trade Breakout
  2. Trade with Trend
  3. Trade picks Tops or Bottoms

 

Four entry methods:

  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.

 

28 October 2014, Tuesday Singapore Stocks Scan for Stocks closed greater than fifty (50) cents

  1. Stock closed more than fifty (50) cents and 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

 

Ticker Company Date Bias Close Vol.(K) Screening Result
C52 COMFORTDELGRO CORPORATION LTD 28/10/2014 Bullish 2.53 5222 MACD Cross-Up ZeroLine
S7OU ASIAN PAY TELEVISION TRUST 28/10/2014 Bullish 0.86 3939 MACD Cross-Up ZeroLine
Q1P ASCENDAS HOSPITALITY TRUST 28/10/2014 Bullish 0.705 1702 MACD Cross-Up Signal
S58 SATS LTD. 28/10/2014 Bullish 3.09 1615 MACD Cross-Up Signal
N03 NEPTUNE ORIENT LINES LIMITED 28/10/2014 Bullish 0.805 1492 MACD Cross-Up Signal
5CP SILVERLAKE AXIS LTD 28/10/2014 Bullish 1.3 1452 MACD Cross-Up Signal
L03 LIAN BENG GROUP LTD 28/10/2014 Bullish 0.675 1178 MACD Cross-Up ZeroLine
S6NU CROESUS RETAIL TRUST 28/10/2014 Bullish 0.94 978 MACD Cross-Up ZeroLine
CC3 STARHUB LTD 28/10/2014 Bullish 4.11 868 MACD Cross-Up ZeroLine
N21 NOBLE GROUP LIMITED 28/10/2014 Bearish 1.185 50173 MACD Cross-Down Signal
T82U SUNTEC REAL ESTATE INV TRUST 28/10/2014 Bearish 1.76 8148 MACD Cross-Down ZeroLine
U11 UNITED OVERSEAS BANK LTD 28/10/2014 Bearish 21.62 5138 MACD Cross-Down Signal
M44U MAPLETREE LOGISTICS TRUST 28/10/2014 Bearish 1.18 2324 MACD Cross-Down Signal
P7VU HUTCHISON PORT HLDGS TRUST S$ 28/10/2014 Bearish 0.86 1336 MACD Cross-Down ZeroLine
SV3U SOILBUILD BUSINESS SPACE REIT 28/10/2014 Bearish 0.78 1094 MACD Cross-Down Signal
B16 GUOCOLEISURE LIMITED 28/10/2014 Bearish 0.915 1052 MACD Cross-Down Signal
J85 CDL HOSPITALITY TRUSTS 28/10/2014 Bearish 1.68 557 MACD-H -ve Divergence

 

 

28 October 2014, Tuesday Stocks Scan for Stocks closed greater than ten (10) cents

  1. Stock closed more than ten (10) cents and 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
Ticker Company Date Bias Close Vol.(K) Screening Result
B9S COSMOSTEEL HOLDINGS LIMITED 28/10/2014 Bullish 0.375 9611 MACD-H +ve Divergence
C52 COMFORTDELGRO CORPORATION LTD 28/10/2014 Bullish 2.53 5222 MACD Cross-Up ZeroLine
S7OU ASIAN PAY TELEVISION TRUST 28/10/2014 Bullish 0.86 3939 MACD Cross-Up ZeroLine
5OU CHINA ENVIRONMENT LTD. 28/10/2014 Bullish 0.17 2938 MACD +ve Divergence
I07 ISDN HOLDINGS LIMITED 28/10/2014 Bullish 0.295 2707 MACD Cross-Up Signal
Q1P ASCENDAS HOSPITALITY TRUST 28/10/2014 Bullish 0.705 1702 MACD Cross-Up Signal
S58 SATS LTD. 28/10/2014 Bullish 3.09 1615 MACD Cross-Up Signal
N03 NEPTUNE ORIENT LINES LIMITED 28/10/2014 Bullish 0.805 1492 MACD Cross-Up Signal
5CP SILVERLAKE AXIS LTD 28/10/2014 Bullish 1.3 1452 MACD Cross-Up Signal
L03 LIAN BENG GROUP LTD 28/10/2014 Bullish 0.675 1178 MACD Cross-Up ZeroLine
S6NU CROESUS RETAIL TRUST 28/10/2014 Bullish 0.94 978 MACD Cross-Up ZeroLine
CC3 STARHUB LTD 28/10/2014 Bullish 4.11 868 MACD Cross-Up ZeroLine
558 UMS HOLDINGS LIMITED 28/10/2014 Bullish 0.46 779 MACD Cross-Up Signal
B0Z CHINA FISHERY GROUP LIMITED 28/10/2014 Bullish 0.355 738 MACD Cross-Up Signal
N21 NOBLE GROUP LIMITED 28/10/2014 Bearish 1.185 50173 MACD Cross-Down Signal
T82U SUNTEC REAL ESTATE INV TRUST 28/10/2014 Bearish 1.76 8148 MACD Cross-Down ZeroLine
5WH REX INTERNATIONAL HOLDING LTD 28/10/2014 Bearish 0.48 7733 MACD Cross-Down Signal
U11 UNITED OVERSEAS BANK LTD 28/10/2014 Bearish 21.62 5138 MACD Cross-Down Signal
M44U MAPLETREE LOGISTICS TRUST 28/10/2014 Bearish 1.18 2324 MACD Cross-Down Signal
P7VU HUTCHISON PORT HLDGS TRUST S$ 28/10/2014 Bearish 0.86 1336 MACD Cross-Down ZeroLine
SV3U SOILBUILD BUSINESS SPACE REIT 28/10/2014 Bearish 0.78 1094 MACD Cross-Down Signal
B16 GUOCOLEISURE LIMITED 28/10/2014 Bearish 0.915 1052 MACD Cross-Down Signal
J85 CDL HOSPITALITY TRUSTS 28/10/2014 Bearish 1.68 557 MACD-H -ve Divergence

 

 

 

To read more on other posting:

1)  Six World Major Indices Five Years Weekly Chart

2) Interra Resources Ltd, 5GI

3) Read My Crystal Ball – STI

 

 

Stock trading is not a get rich quick scheme.

 

Thanks for visiting the site, AmiBrokerAcademy.com.

Moses

 

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