Moses’ Free Singapore Stocks MACD Scan – 17 September 2014

21 September 2014

 

MACD, Moving Average Convergence Divergence, is a trend following momentum indicator that shows the relationship of two moving averages of prices action.

MACD is made up of 2 lines, the MACD line and signal line.

 

Four common methods to trade:

1. Crossovers – Sell Strategy, MACD crosses below the signal line. Buy Strategy, MACD rallies above the signal line. It is advisable to wait for confirmation to reduce possible whipsaw.

2. Divergence – The security price action diverges from the MACD. It signals the end of the current trend.

3. Cross Zero Line – MACD moves above or below zero line. Upward trend: Cross above zero line, short MA above long MA. Downward trend: Cross below zero line, short MA below long MA.

4. Dramatic rise or fall – MACD rises or decline dramatically – when the shorter moving average pulls away from the longer-term moving average – Oversold or Overbought.

 

The listing for 17 September 2014, Wednesday

  1. Stock volume traded greater 500K
  2. MACD line crosses above MACD signal – Bullish trend
  3. MACD line crosses above zero line – Bullish trend
  4. MACD Histogram +ve Divergence – Bullish trend
  5. MACD line crosses below MACD signal – Bearish trend
  6. MACD line crosses below zero line – Bearish trend
  7. MACD Histogram -ve Divergence – Bearish trend

 

Ticker Company Date Bias Close Vol.(K) Screening Result
5DX METAL COMPONENT ENGG LTD 17/9/2014 Bullish 0.072 40786 MACD Cross-Up Signal
E5H GOLDEN AGRI-RESOURCES LTD 17/9/2014 Bullish 0.505 32627 MACD-H +ve Divergence
N21 NOBLE GROUP LIMITED 17/9/2014 Bullish 1.365 18005 MACD +ve Divergence
542 GIKEN SAKATA (S) LIMITED 17/9/2014 Bullish 0.335 9298 MACD Cross-Up Signal
5EN MIDAS HLDGS LIMITED 17/9/2014 Bullish 0.375 4568 MACD-H +ve Divergence
EG0 JES INTERNATIONAL HOLDINGS LTD 17/9/2014 Bullish 0.061 4049 MACD-H +ve Divergence
R14 RAMBA ENERGY LIMITED 17/9/2014 Bullish 0.48 3654 MACD Cross-Up Signal
EB5 FIRST RESOURCES LIMITED 17/9/2014 Bullish 2 3523 MACD +ve Divergence
S51 SEMBCORP MARINE LTD 17/9/2014 Bullish 3.83 3180 MACD-H +ve Divergence
P40U STARHILL GLOBAL REIT 17/9/2014 Bullish 0.81 2519 MACD-H +ve Divergence
B16 GUOCOLEISURE LIMITED 17/9/2014 Bullish 0.98 2100 MACD-H +ve Divergence
U96 SEMBCORP INDUSTRIES LTD 17/9/2014 Bullish 5.23 2066 MACD Cross-Up ZeroLine
K17 KEPPEL LAND LIMITED 17/9/2014 Bullish 3.42 1797 MACD-H +ve Divergence
5NG HEALTHWAY MEDICAL CORP LTD 17/9/2014 Bullish 0.052 1738 MACD-H +ve Divergence
U14 UOL GROUP LIMITED 17/9/2014 Bullish 6.45 1147 MACD Cross-Up ZeroLine
C09 CITY DEVELOPMENTS LIMITED 17/9/2014 Bullish 9.79 1125 MACD-H +ve Divergence
S63 SINGAPORE TECH ENGINEERING LTD 17/9/2014 Bullish 3.65 1119 MACD Cross-Up Signal
A50 ROWSLEY LTD. 17/9/2014 Bullish 0.215 999 MACD +ve Divergence
T09 TT INTERNATIONAL LIMITED 17/9/2014 Bullish 0.165 983 MACD-H +ve Divergence
M04 MANDARIN ORIENTAL INTL LTD 17/9/2014 Bullish 1.82 789 MACD Cross-Up Signal
ND8U FRASERS COMMERCIAL TRUST 17/9/2014 Bullish 1.355 724 MACD-H +ve Divergence
GJ8 DUKANG DISTILLERS HLDGS LTD 17/9/2014 Bullish 0.185 620 MACD Cross-Up Signal
DU4 MERMAID MARITIME PUBLIC CO LTD 17/9/2014 Bullish 0.38 541 MACD-H +ve Divergence
D04 DATAPULSE TECHNOLOGY LIMITED 17/9/2014 Bullish 0.143 538 MACD +ve Divergence
Y92 THAI BEVERAGE PUBLIC CO LTD 17/9/2014 Bearish 0.72 47469 MACD Cross-Down Signal
F01 VIBRANT GROUP LIMITED 17/9/2014 Bearish 0.109 8930 MACD Cross-Down Signal
MC0 GLOBAL LOGISTIC PROP LIMITED 17/9/2014 Bearish 2.84 6857 MACD Cross-Down ZeroLine
J91U CAMBRIDGE INDUSTRIAL TRUST 17/9/2014 Bearish 0.705 5723 MACD Cross-Down Signal
S7OU ASIAN PAY TELEVISION TRUST 17/9/2014 Bearish 0.85 3685 MACD Cross-Down ZeroLine
P15 PACIFIC CENTURY REGIONAL DEVTS 17/9/2014 Bearish 0.26 3537 MACD Cross-Down Signal
L28 LONGCHEER HOLDINGS LIMITED 17/9/2014 Bearish 0.07 2971 MACD Cross-Down ZeroLine
RF1U RELIGARE HEALTH TRUST 17/9/2014 Bearish 0.94 2220 MACD Cross-Down Signal
T39 SINGAPORE PRESS HLDGS LTD 17/9/2014 Bearish 4.15 2036 MACD Cross-Down ZeroLine
CC3 STARHUB LTD 17/9/2014 Bearish 4.12 1981 MACD Cross-Down ZeroLine
C22 CHINA MERCHANTS HLDGS(PACIFIC) 17/9/2014 Bearish 0.93 1955 MACD Cross-Down Signal
RW0U MAPLETREE GREATER CHINACOMM TR 17/9/2014 Bearish 0.925 1304 MACD Cross-Down ZeroLine
J85 CDL HOSPITALITY TRUSTS 17/9/2014 Bearish 1.66 1064 MACD Cross-Down Signal
SK3 KRISENERGY LTD. 17/9/2014 Bearish 0.78 691 MACD Cross-Down ZeroLine

 

 

To read more similar postings:

1)    Moses’ Free Singapore Stocks MACD Scan – 16 September 2014

2)   Moses’ Free Singapore Stocks MACD Scan – 15 September 2014

3)  Be Realistic! Moses’ Stock Analysis

 

 

 

Thanks for visiting the site, AmiBrokerAcademy.com.

Moses

 

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