MACD stock scan (or MACD stock screener, MACD stands for Moving Average Convergence Divergence) is a good way to go to identify stocks that have bullish or bearish MACD signal. You can find stocks with MACD setup. This reduces the time to go through nearly 1000 stocks listed in Singapore Stocks Exchange. This is an informed decision and picks stocks that have bullish or bearish signal.
MACD is a tool used by this site to filter stocks with certain given criteria. There are various technical to do stock screeners such as CSI from Alpha Alliance, CSI stands for Collin Seow Swing Indicator that many of traders or investors can use.
Singapore stock market MACD Scan has picked 13 stocks on December 14, 2011 after the market closed. These stocks pass the scanning criteria for volume exceeding 100K and price closed above $1. Out of 13 stocks picked only 6stock were bullish, and the rest of 7 stocks were bearish.
The following are the 13 Stocks Picked by MACD Scanner for market closed December 14, 2011
Company | Type | Close | Vol.(K) | Screening Result |
GENTING SINGAPORE PLC | bearish |
1.49 |
15724 |
MACD Cross-Down Signal |
SUNTEC REAL ESTATE INV TRUST | bullish |
1.1 |
5311 |
MACD-H +ve Divergence |
HYFLUX LTD | bearish |
1.105 |
3512 |
MACD Cross-Down Signal |
CAPITACOMMERCIAL TRUST | bullish |
1.05 |
2427 |
MACD-H +ve Divergence |
KEPPEL CORPORATION LIMITED | bearish |
9.05 |
2399 |
MACD Cross-Down ZeroLine |
MAPLETREE INDUSTRIAL TRUST | bullish |
1.085 |
1709 |
MACD Cross-Up ZeroLine |
STARHUB LTD | bullish |
2.89 |
1073 |
MACD Cross-Up ZeroLine |
CITY DEVELOPMENTS LIMITED | bullish |
9 |
648 |
MACD-H +ve Divergence |
CWT LIMITED | bullish |
1.01 |
509 |
MACD Cross-Up Signal |
JARDINE STRATEGIC HLDGS LTD | bearish |
28.57 |
375 |
MACD Cross-Down Signal |
JARDINE CYCLE & CARRIAGE LTD | bearish |
47.84 |
293 |
MACD -ve Divergence |
LYXOR CHINA H 10 | bearish |
12.53 |
209 |
MACD Cross-Down ZeroLine |
HOTEL PROPERTIES LTD | bearish |
1.7 |
169 |
MACD Cross-Down Signal |
Straits Times Index, STI, Singapore stocks market benchmark for December 14, 2011
O = 2681.68 points
C = 2672.39 points
H = 2687.33 points
L = 2670.97 points
The STI closed another 13.35 lower points.
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. 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.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here.