August 27, 2016
Moving Average Convergence Divergence, MACD oscillator, is a trend following momentum indicator that shows the relationship of two moving averages of prices action; the MACD line and signal line.
Four entry methods:
- 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.
26 August 2016, Singapore Stocks One Day MACDScan for Stocks closed more than 500K traded
- 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 | Close | Vol.(K) | Screening Result |
Bullish Signal | ||||
43D | MM2 ASIA LTD. | 0.745 | 4825 | MACD Cross-Up Signal |
O39 | OVERSEA-CHINESE BANKING CORP | 8.62 | 3238 | MACD Cross-Up ZeroLine |
AJBU | KEPPEL DC REIT | 1.21 | 1081 | MACD Cross-Up Signal |
RF1U | RELIGARE HEALTH TRUST | 1.015 | 976 | MACD Cross-Up ZeroLine |
Q5T | FAR EAST HOSPITALITY TRUST | 0.605 | 730 | MACD Cross-Up Signal |
Bearish Signal | ||||
T39 | SINGAPORE PRESS HLDGS LTD | 3.79 | 3958 | MACD Cross-Down ZeroLine |
OV8 | SHENG SIONG GROUP LTD | 1.045 | 2689 | MACD Cross-Down Signal |
P40U | STARHILL GLOBAL REIT | 0.805 | 2201 | MACD Cross-Down Signal |
N2IU | MAPLETREE COMMERCIAL TRUST | 1.535 | 1700 | MACD Cross-Down Signal |
T82U | SUNTEC REAL ESTATE INV TRUST | 1.7 | 1683 | MACD Cross-Down Signal |
A7RU | KEPPEL INFRA TRUST WEF 2015 | 0.5 | 1629 | MACD Cross-Down ZeroLine |
Z25 | YANLORD LAND GROUP LIMITED | 1.27 | 1174 | MACD Cross-Down Signal |
AU8U | CAPITALAND RETAIL CHINA TRUST | 1.625 | 1168 | MACD -ve Divergence |
B58 | BANYAN TREE HOLDINGS LIMITED | 0.42 | 688 | MACD Cross-Down Signal |
H78 | HONGKONG LAND HOLDINGS LIMITED | 6.39 | 674 | MACD Cross-Down ZeroLine |
J69U | FRASERS CENTREPOINT TRUST | 2.19 | 643 | MACD -ve Divergence |
40S | PERENNIAL REAL ESTATE HLDGSLTD | 0.87 | 598 | MACD Cross-Down Signal |
QC7 | Q & M DENTAL GROUP (S) LIMITED | 0.7 | 578 | MACD Cross-Down ZeroLine |
TQ5 | FRASERS CENTREPOINT LIMITED | 1.515 | 503 | MACD Cross-Down ZeroLine |
Moses Stock MACDScan
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