To maximize your investment and do not cast your net too wide. Therefore, it makes sense for you to only focus on a fewer stocks. You will need a tool. To help in identifying two to three potential stocks from 700 plus stocks listed in Singapore Stock Exchange, SGX that are likely to move with the Singapore Striats Times Index, ST Index or STI within minute. The following are the results from AmiBroker using MACD script to short list the stocks that have the bullish or bearish signal. With which you can formulate your investment plan and strategy.

These are Top 35 Singapore stock in volume showing MACD signals; a 2-day scanning results for trading close 18 September 2009.

AmiBroker is a powerful charting software that support scanning. We offer a value added Quick Start Package for you to get started with your Technical Analysis practice with AmiBroker and Singapore adjusted data. You can practice your MACD High Performance Setup with your favour stocks or scan the entire exchange for potential stocks for investment. See the example for the MACD scan results. Your investment is one time, no subscription, no annual fee.

Example,

Notes:

MACD stands for Moving Average Convergence Divergence.
The indicator is made up of 2 lines. The MACD Line and MACD Signal Line.
When the MACD Line crosses over the MACD Signal Line or MACD Line cross up Zeroline, the trend is bullish.
When the MACD Line crosses below the MACD Signal or MACD Line cross down Zeroline, the trend is bearish.

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.

Stock markets have rocketed up, and many are rejoicing. Are the gains transient? Can it be sustainable? A trend remains to be seen. Singapore Straits Times Index (STI, or ST Index) has climbed from 1485, from March 10, 2009 to 2659, July 31, 2009. a 1179 points higher a short (near) five months.

Other than the fundamental and many uncertainty, from the Technical Analysis, there is a critical resistance to be broken and stay broken. The index has to close up above the resistance to confirm the break. However, it require strength too to stay above the resistance and keep pushing up. Otherwise, the resistance may turn support (later). See chart for details.

Disclaimer:

The information are not meant to be used for buy or sell decision. We do not recommend particular stocks, bonds, options, futures and any securities of any kind. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and the important of Technical Analysis. The information convey here is intended to provide you with basic information, methods, and strategies as education purpose. You should seek for a professional course to learn Technical Analysis. There are many other factors to be considered such as wait for market to show hands. Users must understand what Technical Analysis is all about before using it. 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.