Singapore Stock Market Scan For Market Closed 20 December 2011

Singapore stock market benchmark, Straits Times Index, STI continue to move down. The market closed 3.64 lower. The falling speed has slow down. Besides that there are more stocks have MACD bullish signal.

 

Stock Scan, MACD Scan for Singapore stock market has picked 13 stocks on December 20, 2011 after the market closed. These stocks pass the scanning criteria for volume exceeding 100K and price closed above $1. Out of 13 stocks picked 8 stock have bullish signal, and the rest of 5 stocks have bearish signal.

 

Straits Times Index, STI, Singapore stocks market benchmark index for December 19, 2011

The STI closed 3.64 points lower.

O = 2623.44 points

C = 2614.45 points

H = 2628.46 points

L = 2606.52 points

 

The following are the 13 Stocks Picked by MACD Scanner for market closed December 20, 2011

Company Type Close Vol.(K) Screening Result
NOBLE GROUP LIMITED bullish

1.155

60634

MACD-H +ve Divergence
SINGTEL bearish

3.05

19849

MACD Cross-Down Signal
OLAM INTERNATIONAL LIMITED bullish

2.15

7450

MACD-H +ve Divergence
WILMAR INTERNATIONAL LIMITED bullish

4.95

3680

MACD-H +ve Divergence
STX OSV HOLDINGS LIMITED bearish

1.145

3480

MACD Cross-Down ZeroLine
SINGAPORE EXCHANGE LIMITED bullish

6

1436

MACD +ve Divergence
SMRT CORPORATION LTD bearish

1.755

939

MACD Cross-Down Signal
HYFLUX LTD bullish

1.05

785

MACD-H +ve Divergence
FRASERS CENTREPOINT TRUST bearish

1.44

574

MACD Cross-Down ZeroLine
IS MSCI INDIA 100 bullish

5.07

428

MACD-H +ve Divergence
M1 LIMITED bullish

2.45

322

MACD Cross-Up ZeroLine
CDL HOSPITALITY TRUSTS bearish

1.535

223

MACD Cross-Down Signal
HOTEL PROPERTIES LTD bullish

1.675

146

MACD-H +ve Divergence

 

 

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.