December 29, 2016
Moses Stock Scan – Singapore Stocks
MACD Scanner scans Singapore stock market and picks 12 stocks on market closed December 28, 2016. These stocks pass the scanning criteria for volume exceeding 500,000 and price closed above 35 cents. Out of 12 stocks picked 9 stocks have bullish signal, and the rest of 3 stocks have bearish signal.
MACD stands for Moving Average Convergence Divergence.
The Straits Times Index, STI – Index Up 12.54 points
O = 2885.68 points
C = 2898.30 points
H = 2900.42 points
L = 2884.551 points
The Straits Times Index, STI, Singapore stocks market benchmark closed 12.54 points higher than last market closed. The bull continue to be strong today, so the bull has returned.
Looks like is Santa Claus Rally! Let see for the next few days.
The following are the 12 Stocks Picked by MACD Scanner for market closed December 28, 2016
Moses Stock Scan
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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.
The above result is for illustration purpose. If particular stocks of such are mentioned, they are meant as demonstration of AmiBroker as a powerful charting software and MACD characteristics. AmiBroker can program to scan the stocks for buy and sell signals.
The MACD signal should use with price action. Users must understand MACD and price action before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence (MACD).
You should seek advice from your broker, or licensed investment advisor, before taking any action.
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