January 2, 2015
This is the start of a new year, 2015. Stock benchmark, Straits Times Index, STI showed positive mode. but resisted at 3370 level. See Straits Times Index post for more info.
Oscillator Moving Average Convergence Divergence
MACD is a popular trend following momentum indicator that shows the relationship of two moving averages of prices action; the MACD line and signal line.
Four MACD Signals:
- 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.
- Divergence – The security price action diverges from the MACD. It signals the end of the current trend.
- 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.
- 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.
Free Singapore Stocks MACD Scan for Stocks closed greater than thirty (30) cents on Friday January 2, 2015
- Stock volume traded greater 500K
- MACD line crosses above MACD signal – Bullish trend
- MACD line crosses above zero line – Bullish trend
- MACD Histogram +ve Divergence – Bullish trend
- MACD line crosses below MACD signal – Bearish trend
- MACD line crosses below zero line – Bearish trend
- MACD Histogram -ve Divergence – Bearish trend
Ticker | Company | Date | Bias | Close | Vol.(K) | Screening Result |
5EN | MIDAS HLDGS LIMITED | 2/1/2015 | Bullish | 0.31 | 26530 | MACD Cross-Up ZeroLine |
S3N | OKH GLOBAL LTD. | 2/1/2015 | Bullish | 0.57 | 6779 | MACD Cross-Up Signal |
UD2 | JAPFA LTD. | 2/1/2015 | Bullish | 0.635 | 3160 | MACD Cross-Up ZeroLine |
U9E | HANKORE ENVIRONMENT TEC GRPLTD | 2/1/2015 | Bullish | 1.035 | 2699 | MACD Cross-Up Signal |
R14 | RAMBA ENERGY LIMITED | 2/1/2015 | Bullish | 0.32 | 2036 | MACD +ve Divergence |
K71U | KEPPEL REIT | 2/1/2015 | Bullish | 1.225 | 1921 | MACD Cross-Up ZeroLine |
L38 | LCD GLOBAL INVESTMENTS LTD. | 2/1/2015 | Bullish | 0.305 | 1876 | MACD Cross-Up Signal |
S21 | GENTING HONG KONG LIMITED | 2/1/2015 | Bullish | 0.36 | 1837 | MACD Cross-Up Signal |
5JS | INDOFOOD AGRI RESOURCES LTD. | 2/1/2015 | Bullish | 0.73 | 1641 | MACD Cross-Up ZeroLine |
F83 | COSCO CORPORATION (S) LTD | 2/1/2015 | Bullish | 0.57 | 1481 | MACD Cross-Up ZeroLine |
P40U | STARHILL GLOBAL REIT | 2/1/2015 | Bullish | 0.81 | 1473 | MACD Cross-Up ZeroLine |
40T | ISEC HEALTHCARE LTD. | 2/1/2015 | Bullish | 0.395 | 1248 | MACD Cross-Up Signal |
B16 | GUOCOLEISURE LIMITED | 2/1/2015 | Bullish | 0.94 | 1141 | MACD Cross-Up ZeroLine |
U04 | UNITED ENGINEERS LTD ORD | 2/1/2015 | Bullish | 2.91 | 807 | MACD Cross-Up ZeroLine |
600 | HYFLUX LTD | 2/1/2015 | Bullish | 0.835 | 776 | MACD Cross-Up ZeroLine |
CY6U | ASCENDAS INDIA TRUST | 2/1/2015 | Bullish | 0.84 | 765 | MACD Cross-Up Signal |
EB5 | FIRST RESOURCES LIMITED | 2/1/2015 | Bullish | 1.865 | 517 | MACD Cross-Up ZeroLine |
528 | SECOND CHANCE PROPERTIES LTD | 2/1/2015 | Bearish | 0.435 | 1668 | MACD Cross-Down ZeroLine |
A17U | ASCENDAS REAL ESTATE INV TRUST | 2/1/2015 | Bearish | 2.4 | 1592 | MACD Cross-Down Signal |
D05 | DBS GROUP HOLDINGS LTD | 2/1/2015 | Bearish | 20.5 | 1518 | MACD -ve Divergence |
RE2 | COURTS ASIA LIMITED | 2/1/2015 | Bearish | 0.475 | 1080 | MACD Cross-Down Signal |
5UX | OXLEY HOLDINGS LIMITED | 2/1/2015 | Bearish | 0.515 | 747 | MACD Cross-Down Signal |
Sorted by bias and volume.
Thanks for visiting the site, AmiBrokerAcademy.com.
Moses
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