Moses’s MACD Singapore Stock Scan – January 4, 2012
Welcome!
Welcome to AmiBrokerAcademy.com free MACD Singapore stock scan. I will be running this MACD scan as often as I can. This scanner will run on a daily basis to help traders filter the stocks that are listing in Singapore. From time to time, I will also do stock analysis.
The MACD scan here will only identify stocks that have MACD bullish or bearish signal. The scanner will only pick those stocks that have volume greater than 100K and have stock price more than a dollar.
Potentially for stocks that have bullish or bearish MACD signal could move in the near term. The signal will be correct till it is being proven wrong.
Our stock scanner was from TerraSeeds. It was for their training purpose. The script is written by AmiBroker AFL based upon the MACD indicator rules.
MACD is a popular technical indicator that identifies trend and potential reversal.
For those we do not know what MACD is.
Moving Average Convergence Divergence, MACD
MACD was developed by Gerald Appel in the late seventies.
- MACD stands for Moving Average Convergence Divergence, the MACD line (red line or called fast line) and MACD signal line (blue line, or called slow line).
- MACD Bullish Signal Line Cross: MACD bullish signal when red line crosses above the blue line or MACD line crosses above zero line.
- MACD Bearish Signal Line Cross: MACD bearish signal when blue line crosses below red line or MACD line crosses below zero line.
MACD Scan
There are 11 stocks picked for today. The following are the 11 stocks that passed our selection criteria for MACD scan script that closed on January 4, 2012. These stocks are volume exceeding 100K and price above one dollar.
All 11 stocks are having bullish MACD signal.
| Company | type | Close | Vol.(K) | Screening Result |
| SINGTEL | bullish |
3.15 |
25039 |
MACD Cross-Up ZeroLine |
| NEPTUNE ORIENT LINES LIMITED | bullish |
1.19 |
18476 |
MACD Cross-Up Signal |
| WILMAR INTERNATIONAL LIMITED | bullish |
5.13 |
6336 |
MACD Cross-Up ZeroLine |
| SEMBCORP INDUSTRIES LTD | bullish |
4.2 |
2386 |
MACD Cross-Up ZeroLine |
| UNITED OVERSEAS BANK LTD | bullish |
15.72 |
2022 |
MACD Cross-Up ZeroLine |
| HONGKONG LAND HOLDINGS LIMITED | bullish |
4.83 |
1498 |
MACD Cross-Up ZeroLine |
| CWT LIMITED | bullish |
1.015 |
535 |
MACD Cross-Up ZeroLine |
| SUPER GROUP LTD. | bullish |
1.39 |
399 |
MACD Cross-Up Signal |
| JARDINE CYCLE & CARRIAGE LTD | bullish |
49.9 |
211 |
MACD Cross-Up Signal |
| GOODPACK LIMITED | bullish |
1.39 |
168 |
MACD Cross-Up ZeroLine |
| ZHONGMIN BAIHUI RETAIL GRP LTD | bullish |
1.41 |
148 |
MACD Cross-Up Signal |
Straits Times Index, Singapore stock market benchmark, STI for market ended January 4, 2012
O = 2688.36 points
C = 2711.02 points
H = 2714.68 points
L = 2688.36 points
Singapore stock market continues the yesterday bullish trend and close at 2711.02. It is another 22.66 points higher than yesterday. However, it is only half of the previous day strength. Can this trend last? Will see.
By Moses
DSICLAIMER
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.
Once again, 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 only and if you decide to trade real money, all trading decision should be your own.
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.