December 28, 2014
Instead of scroll through the stocks chart one at a time to identify any good trade. It will be more efficient to use either a script or a program to scan through the stocks to narrow down the stocks to fewer for further details study and analysis.
The site here use AFL, AmiBroker Formula Language and MACD indicator to screen the stocks. You can check out AFL from the following link http://www.amibroker.com/guide/AFL.html.
Important Links
You can find more about AmiBroker at the following link http://www.amibroker.com/
You can download free trial AmiBroker Charting Software at the following link http://www.amibroker.com/download.html
Oscillator 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 Stocks closed greater than thirty five (35) cents on Thursday December 18, 2014
- Stock volume traded greater 500K
- 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 | Date | Bias | Close | Vol.(K) |
E5H | GOLDEN AGRI-RESOURCES LTD | 18/12/2014 | Bullish | 0.44 | 59780 |
ADP | SWISSCO HOLDINGS LIMITED | 18/12/2014 | Bullish | 0.535 | 4299 |
S63 | SINGAPORE TECH ENGINEERING LTD | 18/12/2014 | Bullish | 3.27 | 3877 |
Z59 | YOMA STRATEGIC HOLDINGS LTD | 18/12/2014 | Bullish | 0.66 | 3035 |
O32 | OLAM INTERNATIONAL LIMITED | 18/12/2014 | Bullish | 2.04 | 2174 |
F83 | COSCO CORPORATION (S) LTD | 18/12/2014 | Bullish | 0.55 | 2081 |
P40U | STARHILL GLOBAL REIT | 18/12/2014 | Bullish | 0.8 | 1799 |
TI6 | LINC ENERGY LTD | 18/12/2014 | Bullish | 0.77 | 1191 |
UD2 | JAPFA LTD. | 18/12/2014 | Bullish | 0.52 | 967 |
EB5 | FIRST RESOURCES LIMITED | 18/12/2014 | Bullish | 1.785 | 936 |
D1R | ARA ASSET MANAGEMENT LIMITED | 18/12/2014 | Bullish | 1.695 | 753 |
SV3U | SOILBUILD BUSINESS SPACE REIT | 18/12/2014 | Bullish | 0.78 | 625 |
Y92 | THAI BEVERAGE PUBLIC CO LTD | 18/12/2014 | Bearish | 0.68 | 22509 |
C61U | CAPITACOMMERCIAL TRUST | 18/12/2014 | Bearish | 1.665 | 4041 |
M44U | MAPLETREE LOGISTICS TRUST | 18/12/2014 | Bearish | 1.17 | 2897 |
C6L | SINGAPORE AIRLINES LTD | 18/12/2014 | Bearish | 11.49 | 2102 |
CC3 | STARHUB LTD | 18/12/2014 | Bearish | 4.07 | 1698 |
U14 | UOL GROUP LIMITED | 18/12/2014 | Bearish | 6.55 | 1003 |
O23 | OSIM INTERNATIONAL LTD | 18/12/2014 | Bearish | 2.01 | 988 |
U9E | HANKORE ENVIRONMENT TEC GRPLTD | 18/12/2014 | Bearish | 1 | 945 |
N9LU | PERENNIAL CHINA RETAIL TRUST | 18/12/2014 | Bearish | 0.53 | 843 |
A68U | ASCOTT RESIDENCE TRUST | 18/12/2014 | Bearish | 1.24 | 710 |
Sorted by bias and volume.
Free Singapore Stocks MACD Scan for Stocks closed greater than one (1) dollar on Thursday 18 December 2014
- Stock volume traded greater 500K
- 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 | Date | Bias | Close | Vol.(K) |
S63 | SINGAPORE TECH ENGINEERING LTD | 18/12/2014 | Bullish | 3.27 | 3877 |
O32 | OLAM INTERNATIONAL LIMITED | 18/12/2014 | Bullish | 2.04 | 2174 |
EB5 | FIRST RESOURCES LIMITED | 18/12/2014 | Bullish | 1.785 | 936 |
D1R | ARA ASSET MANAGEMENT LIMITED | 18/12/2014 | Bullish | 1.695 | 753 |
C61U | CAPITACOMMERCIAL TRUST | 18/12/2014 | Bearish | 1.665 | 4041 |
M44U | MAPLETREE LOGISTICS TRUST | 18/12/2014 | Bearish | 1.17 | 2897 |
C6L | SINGAPORE AIRLINES LTD | 18/12/2014 | Bearish | 11.49 | 2102 |
CC3 | STARHUB LTD | 18/12/2014 | Bearish | 4.07 | 1698 |
U14 | UOL GROUP LIMITED | 18/12/2014 | Bearish | 6.55 | 1003 |
O23 | OSIM INTERNATIONAL LTD | 18/12/2014 | Bearish | 2.01 | 988 |
U9E | HANKORE ENVIRONMENT TEC GRPLTD | 18/12/2014 | Bearish | 1 | 945 |
A68U | ASCOTT RESIDENCE TRUST | 18/12/2014 | Bearish | 1.24 | 710 |
Sorted by bias, and volume.
Thanks for visiting the site, AmiBrokerAcademy.com.
Moses
DISCLAIMER
Stock trading is not a get rich quick scheme and it is high risk.
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.
Trading is personal. You are responsible for your own trading decision.
The comment is the author personal experience. There is no intent for your believe and follow.