August 27, 2016
Moving Average Convergence Divergence
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 one day closed August 25, 2016
| Ticker | Company | Close | Vol.(K) | Screening Result |
| Z74 | SINGTEL | 4.27 | 8786 | MACD Cross-Up Signal |
| C38U | CAPITALAND MALL TRUST | 2.18 | 5717 | MACD Cross-Up Signal |
| T39 | SINGAPORE PRESS HLDGS LTD | 3.86 | 3026 | MACD Cross-Up ZeroLine |
| RF1U | RELIGARE HEALTH TRUST | 1.015 | 1008 | MACD Cross-Up Signal |
| C6L | SINGAPORE AIRLINES LTD | 10.85 | 861 | MACD Cross-Up Signal |
| D03 | DEL MONTE PACIFIC LIMITED | 0.355 | 726 | MACD-H +ve Divergence |
| U9E | CHINA EVERBRIGHT WATER LIMITED | 0.575 | 583 | MACD-H +ve Divergence |
| 500 | TAI SIN ELECTRIC LIMITED | 0.38 | 512 | MACD Cross-Up Signal |
| E5H | GOLDEN AGRI-RESOURCES LTD | 0.355 | 25100 | MACD Cross-Down ZeroLine |
| OV8 | SHENG SIONG GROUP LTD | 1.045 | 11678 | MACD-H -ve Divergence |
| 5ER | BEST WORLD INTERNATIONAL LTD | 1.855 | 3591 | MACD-H -ve Divergence |
| AGS | THE HOUR GLASS LIMITED | 0.72 | 1049 | MACD Cross-Down Signal |
| 588 | HEALTH MANAGEMENT INTL LTD | 0.42 | 667 | MACD Cross-Down Signal |
Moses MACDScan
AmiBrokerAcademy.com