21 September 2014
MACD Scan scans for MACD signals. 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 19 September 2014, Friday
- 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 |
5GB | SIIC ENVIRONMENT HOLDINGS LTD. | 19/9/2014 | Bullish | 0.175 | 152622 | MACD Cross-Up Signal |
5ME | EZION HOLDINGS LIMITED | 19/9/2014 | Bullish | 1.91 | 22873 | MACD Cross-Up Signal |
5NK | ARTIVISION TECHNOLOGIES LTD. | 19/9/2014 | Bullish | 0.096 | 7857 | MACD Cross-Up Signal |
TQ5 | FRASERS CENTREPOINT LIMITED | 19/9/2014 | Bullish | 1.7 | 6311 | MACD Cross-Up Signal |
O39 | OVERSEA-CHINESE BANKING CORP | 19/9/2014 | Bullish | 9.87 | 6074 | MACD Cross-Up Signal |
F31 | FRAGRANCE GROUP LIMITED | 19/9/2014 | Bullish | 0.24 | 4620 | MACD Cross-Up Signal |
5EN | MIDAS HLDGS LIMITED | 19/9/2014 | Bullish | 0.375 | 4247 | MACD Cross-Up Signal |
5HT | COMMUNICATION DESIGN INTL LTD | 19/9/2014 | Bullish | 0.143 | 4164 | MACD Cross-Up Signal |
A26 | SINARMAS LAND LIMITED | 19/9/2014 | Bullish | 0.65 | 3713 | MACD Cross-Up ZeroLine |
SK6U | SPH REIT | 19/9/2014 | Bullish | 1.08 | 3689 | MACD Cross-Up Signal |
C52 | COMFORTDELGRO CORPORATION LTD | 19/9/2014 | Bullish | 2.49 | 3420 | MACD-H +ve Divergence |
F99 | FRASER AND NEAVE LIMITED | 19/9/2014 | Bullish | 3.07 | 2450 | MACD Cross-Up Signal |
H78 | HONGKONG LAND HOLDINGS LIMITED | 19/9/2014 | Bullish | 6.97 | 2286 | MACD Cross-Up Signal |
5CT | ECOWISE HOLDINGS LIMITED | 19/9/2014 | Bullish | 0.055 | 2275 | MACD Cross-Up Signal |
SV3U | SOILBUILD BUSINESS SPACE REIT | 19/9/2014 | Bullish | 0.795 | 1989 | MACD Cross-Up Signal |
F01 | VIBRANT GROUP LIMITED | 19/9/2014 | Bullish | 0.11 | 1855 | MACD-H +ve Divergence |
T4B | SINO GRANDNESS FOOD IND GP LTD | 19/9/2014 | Bullish | 0.68 | 1788 | MACD Cross-Up Signal |
NF1 | SAPPHIRE CORPORATION LIMITED | 19/9/2014 | Bullish | 0.078 | 1756 | MACD Cross-Up Signal |
U11 | UNITED OVERSEAS BANK LTD | 19/9/2014 | Bullish | 22.57 | 1383 | MACD-H +ve Divergence |
Q01 | QAF LTD | 19/9/2014 | Bullish | 1.005 | 1203 | MACD Cross-Up Signal |
U14 | UOL GROUP LIMITED | 19/9/2014 | Bullish | 6.45 | 1197 | MACD-H +ve Divergence |
D3W | SINOTEL TECHNOLOGIES LTD. | 19/9/2014 | Bullish | 0.053 | 1196 | MACD Cross-Up Signal |
OV8 | SHENG SIONG GROUP LTD | 19/9/2014 | Bullish | 0.665 | 1115 | MACD Cross-Up Signal |
T8V | PACIFIC RADIANCE LTD. | 19/9/2014 | Bullish | 1.47 | 1011 | MACD Cross-Up Signal |
N9LU | PERENNIAL CHINA RETAIL TRUST | 19/9/2014 | Bullish | 0.525 | 940 | MACD Cross-Up Signal |
594 | LOYZ ENERGY LIMITED | 19/9/2014 | Bullish | 0.198 | 864 | MACD Cross-Up Signal |
5WF | ISOTEAM LTD. | 19/9/2014 | Bullish | 0.495 | 695 | MACD Cross-Up Signal |
526 | HG METAL MANUFACTURING LTD | 19/9/2014 | Bullish | 0.074 | 662 | MACD-H +ve Divergence |
C22 | CHINA MERCHANTS HLDGS(PACIFIC) | 19/9/2014 | Bullish | 0.945 | 660 | MACD Cross-Up ZeroLine |
E16 | ELEC & ELTEK INT CO LTD | 19/9/2014 | Bullish | 1.485 | 599 | MACD-H +ve Divergence |
557 | VIKING OFFSHORE AND MARINE LTD | 19/9/2014 | Bullish | 0.109 | 560 | MACD-H +ve Divergence |
C13 | CH OFFSHORE LTD | 19/9/2014 | Bullish | 0.48 | 545 | MACD Cross-Up Signal |
NO4 | DYNA-MAC HOLDINGS LTD. | 19/9/2014 | Bearish | 0.415 | 5132 | MACD Cross-Down ZeroLine |
S10 | SUPER GROUP LTD.. | 19/9/2014 | Bearish | 1.33 | 1157 | MACD Cross-Down Signal |
5GI | INTERRA RESOURCES LIMITED | 19/9/2014 | Bearish | 0.295 | 766 | MACD Cross-Down Signal |
Read more on similar postings:
1) After Great Recession! Moses’ Stock Analysis
2) Why Some Win but Why Some Lost? Moses’ Stock Analysis
3) Moses’ Free Singapore Stocks MACD Scan – 17 September 2014
Thanks for visiting the site, AmiBrokerAcademy.com.
Moses
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