UP Down or Sideway
Stock price can only do one of the three things, up, down, or sideway. Why the stock price goes up, down or sideway this is all because of you. You are willing to pay more, buy higher because you think it is good buy, worth it. Computer program like MACD script is a mechanical way to look at the stock price base on MACD algorithm to determine, bullish, bearish or no signal.
July 19, 2016
These are the 1-day MACD scans result on Singapore Stock Exchange, SGX-listed stock done on July 19, 2016 using powerful Amibroker AFL.
Ticker Company – MACD Screening Result
H22 HONG LEONG ASIA LTD. – MACD Cross-Up ZeroLine
C29 CHIP ENG SENG CORPORATION LTD – MACD Cross-Up ZeroLine
570 TRANSIT-MIXED CONCRETE LTD – MACD Cross-Up ZeroLine
Z74 SINGTEL – MACD Cross-Down Signal
N2IU MAPLETREE COMMERCIAL TRUST – MACD Cross-Down Signal
S08 SINGAPORE POST LIMITED – MACD Cross-Down Signal
CC3 STARHUB LTD – MACD Cross-Down Signal
J85 CDL HOSPITALITY TRUSTS – MACD Cross-Down Signal
BN2 VALUETRONICS HOLDINGS LIMITED – MACD-H -ve Divergence
Q1P ASCENDAS HOSPITALITY TRUST – MACD-H -ve Divergence
J69U FRASERS CENTREPOINT TRUST – MACD Cross-Down Signal
KJ9 COGENT HOLDINGS LIMITED – MACD Cross-Down Signal
U04 UNITED ENGINEERS LTD ORD – MACD -ve Divergence
558 UMS HOLDINGS LIMITED – MACD Cross-Down Signal
5JS INDOFOOD AGRI RESOURCES LTD. – MACD Cross-Down Signal
RC5 TRIYARDS HOLDINGS LIMITED – MACD Cross-Down ZeroLine
BHK SIIC ENVIRONMENT HOLDINGS LTD. – MACD Cross-Down Signal
J37 JARDINE STRATEGIC HLDGS LTD – MACD Cross-Down Signal
BJW SHINVEST HOLDING LTD. – MACD Cross-Down Signal
BJV YAMADA GREEN RESOURCES LIMITED – MACD -ve Divergence
P8A CORDLIFE GROUP LIMITED – MACD Cross-Down ZeroLine
BHD CHINA MINING INTERNATIONAL LTD – MACD Cross-Down ZeroLine
5TT KEONG HONG HOLDINGS LIMITED – MACD Cross-Down Signal
5DA BREADTALK GROUP LIMITED – MACD Cross-Down Signal
Z77 SINGTEL 10 – MACD Cross-Down Signal
C05 CHEMICAL INDUSTRIES (F.E.) LTD – MACD Cross-Down ZeroLine
So, 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 powerful Amibroker’s functionality. Not all scan results are shown here. Users must understand what MACD is all about before using the results. See link here if you are new to MACD see link to understand more http://www.amibrokeracademy.com/amibroker/macd-moving-average-convergence-divergence/.
Moses
AmiBrokerAcademy.com