Welcome!
Welcome to AmiBrokerAcademy.com free MACD Singapore stock scan. I will be running Singapore stock MACD scan as often as I can. Singapore stock scanner will run on a daily basis to help traders filter the stocks that are listing in Singapore Stock Exchange. From time to time, I will also do Singapore stock analysis.
The Singapore MACD stock scan here will only identify stocks that have MACD bullish or bearish signal. The MACD scanner will only pick those stocks that have volume greater than 100K and have stock price more than a dollar.
Potentially for Singapore stocks that have bullish or bearish MACD signal could move in the near term. The signal will be correct till it is being proven wrong.
Our stock scanner was written by AmiBroker AFL based upon the MACD indicator rules.
MACD is a popular technical indicator that identifies trend and potential reversal.
For those we do not know what MACD is.
Moving Average Convergence Divergence, MACD
MACD was developed by Gerald Appel in the late seventies.
- 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 Line Cross: MACD bullish signal when red line crosses above the blue line or MACD line crosses above zero line.
- MACD Bearish Signal Line Cross: MACD bearish signal when blue line crosses below red line or MACD line crosses below zero line.
MACD Scan
There are 10 stocks picked for today. The following are the 10 stocks that passed our selection criteria for MACD scan script that closed on January 5, 2012. These stocks are volume exceeding 100K and price above one dollar.
All 10 stocks are having bullish MACD signal and bearish signal.
| Company | type | Close | Vol.(K) | Screening Result |
| CAPITAMALL TRUST | bullish |
1.725 |
3868 |
MACD Cross-Up ZeroLine |
| INDOFOOD AGRI RESOURCES LTD. | bullish |
1.31 |
2463 |
MACD Cross-Up ZeroLine |
| SINGAPORE TECH ENGINEERING LTD | bullish |
2.75 |
1375 |
MACD Cross-Up ZeroLine |
| SATS LTD. | bullish |
2.2 |
1335 |
MACD Cross-Up Signal |
| KS ENERGY LIMITED | bullish |
1 |
115 |
MACD Cross-Up Signal |
| FRASERS CENTREPOINT TRUST | bullish |
1.46 |
919 |
MACD Cross-Up Signal |
| CHINA AVIATION OIL(S) CORP LTD | bullish |
1.01 |
445 |
MACD Cross-Up Signal |
| JARDINE MATHESON HLDGS LTD | bullish |
49.27 |
302 |
MACD Cross-Up ZeroLine |
| STI ETF | bullish |
2.78 |
108 |
MACD Cross-Up ZeroLine |
| STARHUB LTD | bearish |
2.88 |
1145 |
MACD Cross-Down Signal |
Straits Times Index, Singapore stock market benchmark, STI for market ended January 5, 2012
O = 2709.25 points
C = 2713.02 points
H = 2733.86 points
L = 2708.21 points
Singapore stock market continues to be bullish but much weaker and stock market closed at 2713.02. It is only 2 points higher than yesterday. The traders are lack of commitment. Will the traders make up their mind and drive the market higher. Will see.
Straits Times Index Daily Chart, for market ended January 5, 2012
Straits Times Index, STI Daily Chart - January 5, 2012
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.