January 15, 2015
In the last scan posting, we commented that the year start with a positive note, but may be resisted by 3370 level. So far the market has seem to keep to this ‘promise’.
Important reminder! As trader, you must know how to manage risk; money management. Read more, …
Oscillator Moving Average Convergence Divergence
MACD is a popular trend following momentum indicator that shows the relationship of two moving averages of prices action; the MACD line and signal line.
Four MACD Signals:
- 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.
- Divergence – The security price action diverges from the MACD. It signals the end of the current trend.
- 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.
- 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.
Free Singapore Stocks MACD Scan for Stocks closed greater than thirty (30) cents on Monday January 5, 2015
- 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 |
| N21 | NOBLE GROUP LIMITED | 5/1/2015 | Bullish | 1.14 | 15468 | MACD Cross-Up ZeroLine |
| T13 | RH PETROGAS LIMITED | 5/1/2015 | Bullish | 0.41 | 4273 | MACD Cross-Up ZeroLine |
| Z25 | YANLORD LAND GROUP LIMITED | 5/1/2015 | Bullish | 1.08 | 3716 | MACD Cross-Up Signal |
| QC7 | Q & M DENTAL GROUP (S) LIMITED | 5/1/2015 | Bullish | 0.455 | 3576 | MACD Cross-Up Signal |
| CH8 | CHINA SUNSINE CHEM HLDGS LTD. | 5/1/2015 | Bullish | 0.44 | 2799 | MACD Cross-Up ZeroLine |
| T24 | TUAN SING HOLDINGS LIMITED | 5/1/2015 | Bullish | 0.41 | 2000 | MACD Cross-Up ZeroLine |
| OU8 | CENTURION CORPORATION LIMITED | 5/1/2015 | Bullish | 0.53 | 1202 | MACD Cross-Up ZeroLine |
| W05 | WING TAI HLDGS LTD | 5/1/2015 | Bullish | 1.655 | 1195 | MACD Cross-Up ZeroLine |
| C29 | CHIP ENG SENG CORPORATION LTD | 5/1/2015 | Bullish | 0.855 | 800 | MACD Cross-Up Signal |
| S53 | SMRT CORPORATION LTD | 5/1/2015 | Bullish | 1.59 | 746 | MACD Cross-Up ZeroLine |
| P9J | GLOBAL PREMIUM HOTELS LIMITED | 5/1/2015 | Bullish | 0.355 | 598 | MACD Cross-Up Signal |
| D1R | ARA ASSET MANAGEMENT LIMITED | 5/1/2015 | Bullish | 1.71 | 554 | MACD Cross-Up ZeroLine |
| S7OU | ASIAN PAY TELEVISION TRUST | 5/1/2015 | Bullish | 0.865 | 530 | MACD Cross-Up ZeroLine |
| Z74 | SINGTEL | 5/1/2015 | Bearish | 3.88 | 12266 | MACD Cross-Down ZeroLine |
| Y92 | THAI BEVERAGE PUBLIC CO LTD | 5/1/2015 | Bearish | 0.685 | 7149 | MACD Cross-Down Signal |
| O39 | OVERSEA-CHINESE BANKING CORP | 5/1/2015 | Bearish | 10.35 | 3574 | MACD -ve Divergence |
| T39 | SINGAPORE PRESS HLDGS LTD | 5/1/2015 | Bearish | 4.15 | 2088 | MACD Cross-Down ZeroLine |
| U11 | UNITED OVERSEAS BANK LTD | 5/1/2015 | Bearish | 23.96 | 2022 | MACD Cross-Down Signal |
| C09 | CITY DEVELOPMENTS LIMITED | 5/1/2015 | Bearish | 10.09 | 904 | MACD Cross-Down Signal |
| 5UX | OXLEY HOLDINGS LIMITED | 5/1/2015 | Bearish | 0.51 | 779 | MACD Cross-Down ZeroLine |
Sorted by bias and volume.
There are more bullish stocks that has MACD signals. Why?
Thanks for visiting this extra ordinary site, AmiBrokerAcademy.com.
Moses
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