21 September 2014
MACD, Moving Average Convergence Divergence, is a trend following momentum indicator that shows the relationship of two moving averages of prices action.
MACD is made up of 2 lines, the MACD line and signal line.
Four common methods to trade:
1. 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.
2. Divergence – The security price action diverges from the MACD. It signals the end of the current trend.
3. 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.
4. 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.
The listing for 17 September 2014, Wednesday
- 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) | Screening Result |
5DX | METAL COMPONENT ENGG LTD | 17/9/2014 | Bullish | 0.072 | 40786 | MACD Cross-Up Signal |
E5H | GOLDEN AGRI-RESOURCES LTD | 17/9/2014 | Bullish | 0.505 | 32627 | MACD-H +ve Divergence |
N21 | NOBLE GROUP LIMITED | 17/9/2014 | Bullish | 1.365 | 18005 | MACD +ve Divergence |
542 | GIKEN SAKATA (S) LIMITED | 17/9/2014 | Bullish | 0.335 | 9298 | MACD Cross-Up Signal |
5EN | MIDAS HLDGS LIMITED | 17/9/2014 | Bullish | 0.375 | 4568 | MACD-H +ve Divergence |
EG0 | JES INTERNATIONAL HOLDINGS LTD | 17/9/2014 | Bullish | 0.061 | 4049 | MACD-H +ve Divergence |
R14 | RAMBA ENERGY LIMITED | 17/9/2014 | Bullish | 0.48 | 3654 | MACD Cross-Up Signal |
EB5 | FIRST RESOURCES LIMITED | 17/9/2014 | Bullish | 2 | 3523 | MACD +ve Divergence |
S51 | SEMBCORP MARINE LTD | 17/9/2014 | Bullish | 3.83 | 3180 | MACD-H +ve Divergence |
P40U | STARHILL GLOBAL REIT | 17/9/2014 | Bullish | 0.81 | 2519 | MACD-H +ve Divergence |
B16 | GUOCOLEISURE LIMITED | 17/9/2014 | Bullish | 0.98 | 2100 | MACD-H +ve Divergence |
U96 | SEMBCORP INDUSTRIES LTD | 17/9/2014 | Bullish | 5.23 | 2066 | MACD Cross-Up ZeroLine |
K17 | KEPPEL LAND LIMITED | 17/9/2014 | Bullish | 3.42 | 1797 | MACD-H +ve Divergence |
5NG | HEALTHWAY MEDICAL CORP LTD | 17/9/2014 | Bullish | 0.052 | 1738 | MACD-H +ve Divergence |
U14 | UOL GROUP LIMITED | 17/9/2014 | Bullish | 6.45 | 1147 | MACD Cross-Up ZeroLine |
C09 | CITY DEVELOPMENTS LIMITED | 17/9/2014 | Bullish | 9.79 | 1125 | MACD-H +ve Divergence |
S63 | SINGAPORE TECH ENGINEERING LTD | 17/9/2014 | Bullish | 3.65 | 1119 | MACD Cross-Up Signal |
A50 | ROWSLEY LTD. | 17/9/2014 | Bullish | 0.215 | 999 | MACD +ve Divergence |
T09 | TT INTERNATIONAL LIMITED | 17/9/2014 | Bullish | 0.165 | 983 | MACD-H +ve Divergence |
M04 | MANDARIN ORIENTAL INTL LTD | 17/9/2014 | Bullish | 1.82 | 789 | MACD Cross-Up Signal |
ND8U | FRASERS COMMERCIAL TRUST | 17/9/2014 | Bullish | 1.355 | 724 | MACD-H +ve Divergence |
GJ8 | DUKANG DISTILLERS HLDGS LTD | 17/9/2014 | Bullish | 0.185 | 620 | MACD Cross-Up Signal |
DU4 | MERMAID MARITIME PUBLIC CO LTD | 17/9/2014 | Bullish | 0.38 | 541 | MACD-H +ve Divergence |
D04 | DATAPULSE TECHNOLOGY LIMITED | 17/9/2014 | Bullish | 0.143 | 538 | MACD +ve Divergence |
Y92 | THAI BEVERAGE PUBLIC CO LTD | 17/9/2014 | Bearish | 0.72 | 47469 | MACD Cross-Down Signal |
F01 | VIBRANT GROUP LIMITED | 17/9/2014 | Bearish | 0.109 | 8930 | MACD Cross-Down Signal |
MC0 | GLOBAL LOGISTIC PROP LIMITED | 17/9/2014 | Bearish | 2.84 | 6857 | MACD Cross-Down ZeroLine |
J91U | CAMBRIDGE INDUSTRIAL TRUST | 17/9/2014 | Bearish | 0.705 | 5723 | MACD Cross-Down Signal |
S7OU | ASIAN PAY TELEVISION TRUST | 17/9/2014 | Bearish | 0.85 | 3685 | MACD Cross-Down ZeroLine |
P15 | PACIFIC CENTURY REGIONAL DEVTS | 17/9/2014 | Bearish | 0.26 | 3537 | MACD Cross-Down Signal |
L28 | LONGCHEER HOLDINGS LIMITED | 17/9/2014 | Bearish | 0.07 | 2971 | MACD Cross-Down ZeroLine |
RF1U | RELIGARE HEALTH TRUST | 17/9/2014 | Bearish | 0.94 | 2220 | MACD Cross-Down Signal |
T39 | SINGAPORE PRESS HLDGS LTD | 17/9/2014 | Bearish | 4.15 | 2036 | MACD Cross-Down ZeroLine |
CC3 | STARHUB LTD | 17/9/2014 | Bearish | 4.12 | 1981 | MACD Cross-Down ZeroLine |
C22 | CHINA MERCHANTS HLDGS(PACIFIC) | 17/9/2014 | Bearish | 0.93 | 1955 | MACD Cross-Down Signal |
RW0U | MAPLETREE GREATER CHINACOMM TR | 17/9/2014 | Bearish | 0.925 | 1304 | MACD Cross-Down ZeroLine |
J85 | CDL HOSPITALITY TRUSTS | 17/9/2014 | Bearish | 1.66 | 1064 | MACD Cross-Down Signal |
SK3 | KRISENERGY LTD. | 17/9/2014 | Bearish | 0.78 | 691 | MACD Cross-Down ZeroLine |
To read more similar postings:
1) Moses’ Free Singapore Stocks MACD Scan – 16 September 2014
2) Moses’ Free Singapore Stocks MACD Scan – 15 September 2014
3) Be Realistic! Moses’ Stock Analysis
Thanks for visiting the site, AmiBrokerAcademy.com.
Moses
DISCLAIMER
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.
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