MACD Scanner scans Singapore stock market and picks 12 stocks on market closed December 22, 2011. These stocks pass the scanning criteria for volume exceeding 100K and price closed above $1. Out of 12 stocks picked 9 stocks have bullish signal, and the rest of 3 stocks have bearish signal.
MACD stands for Moving Average Convergence Divergence.
Straits Times Index, STI
O = 2660.62 points
C = 2664.80 points
H = 2670.65 points
L = 2659.01 points
The Straits Times Index, STI, Singapore stocks market benchmark closed 8.91 points lower than yesterday market closed. The bull became weak today and bear started to drive the bull away. Will bear return?
The following are the 12 Stocks Picked by MACD Scanner for market closed December 22, 2011
| Company | Type | Close | Vol.(K) | Screening Result |
| GLOBAL LOGISTIC PROP LIMITED | bullish |
1.71 |
3428 |
MACD Cross-Up Signal |
| SINGAPORE PRESS HLDGS LTD | bullish |
3.71 |
2440 |
MACD Cross-Up Signal |
| SEMBCORP MARINE LTD | bullish |
3.84 |
2185 |
MACD Cross-Up Signal |
| KEPPEL CORPORATION LIMITED | bullish |
9.25 |
1648 |
MACD Cross-Up Signal |
| SINGAPORE EXCHANGE LIMITED | bullish |
6.09 |
696 |
MACD Cross-Up Signal |
| MAPLETREE INDUSTRIAL TRUST | bullish |
1.1 |
678 |
MACD Cross-Up Signal |
| SINGAPORE TECH ENGINEERING LTD | bullish |
2.69 |
626 |
MACD Cross-Up Signal |
| CITY DEVELOPMENTS LIMITED | bullish |
8.96 |
570 |
MACD Cross-Up Signal |
| FRASER AND NEAVE LIMITED | bullish |
6.3 |
430 |
MACD Cross-Up ZeroLine |
| ABF SPORE BOND INDEX FUND ETF | bearish |
1.172 |
179 |
MACD Cross-Down Signal |
| JARDINE CYCLE & CARRIAGE LTD | bearish |
48.68 |
146 |
MACD -ve Divergence |
| SATS LTD. | bearish |
2.16 |
501 |
MACD Cross-Down ZeroLine |
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.
The above result is for illustration purpose. If particular stocks of such are mentioned, they are meant as demonstration of AmiBroker as a powerful charting software and MACD characteristics. AmiBroker can program to scan the stocks for buy and sell signals.
The MACD signal should use with price action. Users must understand MACD and price action before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence (MACD).
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.