Singapore Stock Market MACD Scan For Market Closed 21 December 2011

Singapore stock market MACD Scan, MACD stands for Moving Average Convergence Divergence. MACD stocks scanner has picked 17 stocks on December 21, 2011 at market closed. These stocks pass the scanning criteria for volume exceeding 100K and price closed above $1. The 17 stocks picked are all having bullish MACD signal. The bull were very strong.

 

Straits Times Index, STI

O = 2656.71points

C = 2673.32 points

H = 2676.40 points

L = 2650.57 points

The Straits Times Index, STI, Singapore stocks market benchmark closed 58.87 points above the last closed at this slow month. The bull is very strong. May this resulted in bear trap? Will see.

 

The following are the 17 Stocks Picked by MACD Scanner for market closed December 21, 2011

Company Type Close Vol.(K) Screening Result
JARDINE STRATEGIC HLDGS LTD bullish

28.11

204

MACD-H +ve Divergence
UNITED OVERSEAS BANK LTD bullish

15.75

2929

MACD-H +ve Divergence
DBS GROUP HOLDINGS LTD bullish

11.7

5679

MACD-H +ve Divergence
FRASER AND NEAVE  LIMITED bullish

6.3

1318

MACD Cross-Up Signal
STI ETF bullish

2.75

169

MACD-H +ve Divergence
OLAM INTERNATIONAL LIMITED bullish

2.19

12407

MACD +ve Divergence
STRAITS ASIA RESOURCES LIMITED bullish

1.92

10514

MACD-H +ve Divergence
PARKWAYLIFE REIT bullish

1.755

236

MACD Cross-Up Signal
CAPITAMALL TRUST bullish

1.705

4717

MACD Cross-Up Signal
HOTEL PROPERTIES LTD bullish

1.7

429

MACD Cross-Up Signal
TREASURY CHINA TRUST bullish

1.42

351

MACD Cross-Up Signal
INDOFOOD AGRI RESOURCES LTD. bullish

1.275

1086

MACD-H +ve Divergence
CAPITARETAIL CHINA TRUST bullish

1.14

153

MACD +ve Divergence
SUNTEC REAL ESTATE INV TRUST bullish

1.08

6528

MACD-H +ve Divergence
HYFLUX LTD bullish

1.05

3901

MACD +ve Divergence
CAPITACOMMERCIAL TRUST bullish

1.04

2990

MACD +ve Divergence
ASCOTT RESIDENCE TRUST bullish

1

143

MACD Cross-Up Signal

 

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.