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 15 September 2014, Monday
- 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 |
T13 | RH PETROGAS LIMITED | 15/9/2014 | Bullish | 0.815 | 8978 | MACD Cross-Up Signal |
F01 | VIBRANT GROUP LIMITED | 15/9/2014 | Bullish | 0.112 | 8263 | MACD Cross-Up Signal |
S21 | GENTING HONG KONG LIMITED | 15/9/2014 | Bullish | 0.385 | 4371 | MACD Cross-Up ZeroLine |
5NG | HEALTHWAY MEDICAL CORP LTD | 15/9/2014 | Bullish | 0.053 | 3346 | MACD Cross-Up Signal |
5TR | LIBRA GROUP LIMITED | 15/9/2014 | Bullish | 0.189 | 2643 | MACD Cross-Up Signal |
KI3 | HU AN CABLE HOLDINGS LTD. | 15/9/2014 | Bullish | 0.068 | 1400 | MACD Cross-Up Signal |
5IG | GALLANT VENTURE LTD. | 15/9/2014 | Bullish | 0.28 | 1286 | MACD Cross-Up Signal |
E3B | WEE HUR HOLDINGS LTD. | 15/9/2014 | Bullish | 0.39 | 1112 | MACD Cross-Up ZeroLine |
5JS | INDOFOOD AGRI RESOURCES LTD. | 15/9/2014 | Bullish | 0.855 | 1080 | MACD +ve Divergence |
MQ4 | BUND CENTER INVESTMENT LTD | 15/9/2014 | Bullish | 0.215 | 730 | MACD Cross-Up ZeroLine |
P15 | PACIFIC CENTURY REGIONAL DEVTS | 15/9/2014 | Bullish | 0.265 | 607 | MACD Cross-Up Signal |
A17U | ASCENDAS REAL ESTATE INV TRUST | 15/9/2014 | Bearish | 2.3 | 15932 | MACD Cross-Down ZeroLine |
5CP | SILVERLAKE AXIS LTD | 15/9/2014 | Bearish | 1.295 | 13267 | MACD Cross-Down Signal |
N21 | NOBLE GROUP LIMITED | 15/9/2014 | Bearish | 1.36 | 12157 | MACD Cross-Down ZeroLine |
C38U | CAPITAMALL TRUST. | 15/9/2014 | Bearish | 1.97 | 7345 | MACD Cross-Down ZeroLine |
5DM | YING LI INTL REAL ESTATE LTD | 15/9/2014 | Bearish | 0.27 | 6700 | MACD Cross-Down Signal |
5EN | MIDAS HLDGS LIMITED | 15/9/2014 | Bearish | 0.37 | 6481 | MACD Cross-Down Signal |
P40U | STARHILL GLOBAL REIT | 15/9/2014 | Bearish | 0.81 | 6050 | MACD Cross-Down Signal |
C61U | CAPITACOMMERCIAL TRUST | 15/9/2014 | Bearish | 1.66 | 5628 | MACD Cross-Down ZeroLine |
NO4 | DYNA-MAC HOLDINGS LTD. | 15/9/2014 | Bearish | 0.43 | 4873 | MACD Cross-Down Signal |
5DX | METAL COMPONENT ENGG LTD | 15/9/2014 | Bearish | 0.063 | 3440 | MACD Cross-Down Signal |
D05 | DBS GROUP HOLDINGS LTD | 15/9/2014 | Bearish | 18.28 | 3151 | MACD-H -ve Divergence |
I12 | IPC CORPORATION LIMITED | 15/9/2014 | Bearish | 0.151 | 2890 | MACD Cross-Down ZeroLine |
J16 | GSH CORPORATION LIMITED | 15/9/2014 | Bearish | 0.078 | 2883 | MACD Cross-Down Signal |
D5IU | LIPPO MALLS INDO RETAIL TRUST | 15/9/2014 | Bearish | 0.4 | 2558 | MACD Cross-Down Signal |
C29 | CHIP ENG SENG CORPORATION LTD | 15/9/2014 | Bearish | 0.925 | 2191 | MACD Cross-Down Signal |
T35 | SUNNINGDALE TECH LTD | 15/9/2014 | Bearish | 0.215 | 2047 | MACD Cross-Down ZeroLine |
M1Z | TEE INTERNATIONAL LIMITED | 15/9/2014 | Bearish | 0.265 | 2038 | MACD Cross-Down Signal |
Y02 | YONGNAM HOLDINGS LIMITED | 15/9/2014 | Bearish | 0.21 | 1293 | MACD Cross-Down Signal |
T39 | SINGAPORE PRESS HLDGS LTD | 15/9/2014 | Bearish | 4.16 | 1215 | MACD Cross-Down Signal |
U11 | UNITED OVERSEAS BANK LTD | 15/9/2014 | Bearish | 22.8 | 1012 | MACD Cross-Down Signal |
W05 | WING TAI HLDGS LTD | 15/9/2014 | Bearish | 1.835 | 949 | MACD Cross-Down Signal |
K01 | K1 VENTURES LIMITED | 15/9/2014 | Bearish | 0.192 | 855 | MACD Cross-Down Signal |
A7RU | CITYSPRING INFRASTRUCT TRUST | 15/9/2014 | Bearish | 0.5 | 825 | MACD Cross-Down Signal |
Z59 | YOMA STRATEGIC HOLDINGS LTD | 15/9/2014 | Bearish | 0.69 | 785 | MACD Cross-Down ZeroLine |
5AM | ASIATRAVEL.COM HOLDINGS LTD | 15/9/2014 | Bearish | 0.25 | 621 | MACD Cross-Down Signal |
P7VU | HUTCHISON PORT HLDGS TRUST S$ | 15/9/2014 | Bearish | 0.89 | 597 | MACD Cross-Down Signal |
S10 | SUPER GROUP LTD.. | 15/9/2014 | Bearish | 1.36 | 595 | MACD Cross-Down ZeroLine |
5AB | TREK 2000 INT’L LTD | 15/9/2014 | Bearish | 0.31 | 572 | MACD Cross-Down Signal |
Read more on similar postings:
1) Moses’ Free Singapore Stocks MACD Scan for 12 September 2014
2) Buy? Sell? There are always profits!
3) Buy and Hold (Hope)! Moses’ Stock Analysis
Thanks for visiting the site, AmiBrokerAcademy.com.
Moses
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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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The comment is the author personal experience. There is no intent for your believe and follow.