Welcome, welcome to AmiBrokerAcademy.com.
For those who are new here, I post the MACD scan on the website here (nearly) daily. This does n0t give you the buy or sell signal, but it gives you a headsup for stocks might be changing direction in the near future.
To keep the list not too long, we only publish those that fifty cents and more.
You have to note that MACD just like traffic light, when red the traffic changes the direction. However, traffic light only warn you on possible change in direction and not changing yet. So, when you see MACD signal, wait for confirmation.
The following is the Singapore stocks benchmark, July 13 Straits Times Index, ^STI.
July 13, 2015 Straits Times Index
July 13 Singapore Stocks MACD Scan Results
MACD stands for Moving Average Convergence Divergence. The indicator is made up of 2 lines, MACD line and signal line.
In this post, we only provide a list of Singapore stocks that have MACD bullish or bearish signal base on the following. The list only for stocks that closed more than fifty (50) cents and has 500,000 shares changed hands.
- 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
You can read about other Singapore Stocks daily and weekly and daily scan results in this website.
Thanks for visiting the website.
Moses
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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.
You should seek advice from your broker, or licensed investment advisor, before taking any action.
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.