These are the Top 10 stocks in volume showing MACD signals; a 2-day scanning results for trading closed 8 October 2009.

Definition:

MACD stands for Moving Average Convergence Divergence. It is a technical analysis indicator created by Gerald Appel in the 1960s. It shows the difference between a fast and slow exponential moving average (EMA) of closing prices. Common MACD setting is 12, 26, 9.

Setting:

MACD is made up of 2 lines. The MACD Line and MACD Signal Line.

Usage:

Buy Signals – when the MACD Line crosses above the MACD Signal Line or MACD Line crosses up Zeroline.
Sell Signals – when the MACD Line crosses below the MACD Signal or MACD Line crosses down Zeroline.

Disclaimer

The information are not meant to be used for buy or sell decision. We do not recommend particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. 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 professional course to learn MACD. Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here.

These are 2-day scan on Singapore Stocks listed with Singapore Stock Exchange, SGX done with Amibroker using MACD script.

Sort the scan result on volume. These are the MACD results for top five stocks volume traded.

1. E6D – Raffles Education – MACD Cross-up Signal
2. 579 – OCEANUS GROUP LI – MACD Cross-down Signal
3. FO8 – China Eratat SPO – MACD -ve Divergence
4. AM3 – GEMS TV Holdings – MACD Cross-Down Signal
5. C61U – CAPITACOMMERCIAL – MACD Cross-Down Signal

Sort the scan result on stock price. These are the MACD results for stocks price greater than two dollars, S$ 2.

1. D01 – Dairy Farm Int’l – MACD -ve Divergence
2. T39 – Singapore Press – MACD Cross-Up Signal
3. S59- SIA Engineering – MACD -Cross-Down ZeroLine

These are script generated signals. They are not meant to be used for buy or sell decisions. We do not vouch for their accuracy. They are meant as demonstration of Amibroker’s powerful functionality. Not all scan results are shown here. Users must understand what MACD is all about before using.