Moses’ Stock Review and Free MACD Stock Scan – May 27, 2014

May 27, 2014

Moses’ Stock Review and Free MACD Scanner

Which stock may move? Although you 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, the stock starts to move again and it moves up in parabolic manner.

Finance market like stock market the price action it needs some force to start then the stock price will move, move in certain direction. When it moves it tends to keep moving.

Trader needs powerful charting software to help in analysing the stock and the markets, to identify the stock already has applied the force and begin to move. 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 and sometime it continues to stay green. You will only stop when turn red. Therefore, as trader you will wait for confirmation before action.

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

May 27 2014 stock benchmark Straits Times Index, STI closed 3274.06, STI drops 8.82 points from the last closed 3282.88 points. Last closed shows the Doji candlestick pattern, today the candlestick confirms the Doji Evening Star Candlestick Chart pattern. At least in short term, it response to the resistance.

May 27, 2014 Straits Times Index, STI Daily Chart

Stock Benchmark, Straits Times Index, STI May 27, 2014 Daily Chart

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May 27, 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 29 stocks have MACD bullish and bearish signals, 42 stocks are traded more than 500,000 shares.

Thanks for visiting the site. Hope you find the information is useful to you.

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.