May 23, 2014 Moses’ Stock Review and Free MACD Stock Scan

May 23, 2014

Moses’ Stock Review and Free MACD Stock Scan

Which stock may move in the near future or not too distant future? Many may experience after you purchased a stock. The stock suddenly stops rally and start dipping, or only climbs a few cents. However, the moment you cut loss (sell), the moment you sell the stock, the stock starts to move and move up in parabolic manner.

Trader needs powerful charting software to help in analysing the stock and the market, Moses uses AmiBroker charting software. Moses uses AmiBroker Formula Language, AFL  program to scan through Singapore stocks that list in Singapore Stock Exchange, SGX to find stocks have Moving Average Convergence Divergence (MACD) bullish and bearish signals.

Trading indicator, MACD is like traffic light. It gives you early warning on the price direction. However, just like traffic light, sometime it will turn red so the price stop rising or falling.

MACD Indicator gives you the early warning that the stock potentially movement. So the scan results help to narrow down the stocks.

May 23 2014 stock benchmark Straits Times Index, STI closed 3278.02 points, STI jumps 12.36 points higher than the last closed at 3265.66 points.

May 23, 2014 Straits Times Index, STI Daily Chart

Stock Benchmark, STI, Straits Times Index, May 23, 2014 Daily Chart

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May 23, 2014 Moses Free Stock MACD Scan Results

Free stock market scan results, Moses’ Stock Corner. Moses provides a list of Singapore stocks that have the following MACD signals.

1. MACD line crosses above MACD signal – Bullish trend
2. MACD line crosses above zero line – Bullish trend
3. MACD Histogram +ve Divergence – Bullish trend
4. MACD line crosses below MACD signal – Bearish trend
5. MACD line crosses below zero line – Bearish trend
6. MACD Histogram -ve Divergence – Bearish trend
7. Volume traded greater 500,000 shares

Total 92 stocks have MACD bullish and bearish signals, only 47 stocks are traded more than 500,000 shares.

Thanks for visit the site.

Moses

DISCLAIMER

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.  

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.