Moses’s MACD Singapore Stock Scan – January 30, 2012
Welcome to Moses’s Stock Scan Corner at AmiBrokerAcademy.com. This is January 30, 2012 top 20 volume that have MACD bullish signal or bearish signal. The market benchmark, Straits Times Index closed at 2888.29 points, 27.97 points lower than the last closed. This is the first dip after the Chinese New Year holiday.
Technical Analysis
The index fall back below 2900 level, the market closed 2888.29 points. In the last analysis, we have indicated that 2900 level is the neckline of the bigger double bottom. The neckline will provide some form of resistance. So, now the index got resisted. But, the index will retest 2900 level again, and again. Two things will happen, one the index will break up higher after number of test. Two, the index decide to accept the resistance after a few test and start to falling below 2900. Will See.
After the 66.88 points gain last week, may be a result of some traders are taking profit. This may be the caused of the dip, 27.97 points lower than the last week closed. Of course from a fundamental view, many will speculate that it is because of US market slow, global market slow, Europe zone financial issue still not solve and so on and so for. Try to justify the fall. Who sill know?
January 30, 2012 MACD Scan Results
Out of 20 stocks, only 4 stocks have bullish MACD signal and 16 stocks have bearish MACD signal. These are script generated results. Only the top 20 volume stocks are listed here.
| Company | Type | Close | Vol.(K) | Screening Result |
| THE THINK ENVIRONMENTAL CO LTD | bearish | 0.88 | 10822 | MACD Cross-Down Signal |
| MAPLETREE INDUSTRIAL TRUST | bullish | 1.115 | 8843 | MACD Cross-Up Signal |
| ASCENDAS REAL ESTATE INV TRUST | bearish | 1.89 | 6026 | MACD Cross-Down ZeroLine |
| FIRST RESOURCES LIMITED | bearish | 1.645 | 4457 | MACD -ve Divergence |
| CHINA MINZHONG FOOD CORP LTD | bearish | 0.9 | 4447 | MACD Cross-Down Signal |
| MAPLETREE LOGISTICS TRUST | bearish | 0.88 | 4015 | MACD Cross-Down Signal |
| FIRST REAL ESTATE INV TRUST | bullish | 0.775 | 3568 | MACD Cross-Up Signal |
| EZION HOLDINGS LIMITED | bearish | 0.735 | 3394 | MACD -ve Divergence |
| SATS LTD. | bearish | 2.26 | 2499 | MACD Cross-Down Signal |
| UMS HOLDINGS LIMITED | bearish | 0.465 | 2257 | MACD -ve Divergence |
| OSIM INTERNATIONAL LTD | bearish | 1.27 | 2009 | MACD-H -ve Divergence |
| RAMBA ENERGY LIMITED | bearish | 0.42 | 1423 | MACD Cross-Down Signal |
| SINGAPORE TECH ENGINEERING LTD | bearish | 2.86 | 1349 | MACD-H -ve Divergence |
| SOUND GLOBAL LTD. | bearish | 0.585 | 1329 | MACD -ve Divergence |
| KREUZ HOLDINGS LIMITED | bearish | 0.35 | 1321 | MACD-H -ve Divergence |
| VAN DER HORST ENERGY LIMITED | bullish | 0.165 | 1269 | MACD Cross-Up ZeroLine |
| FRASERS CENTREPOINT TRUST | bearish | 1.455 | 1262 | MACD Cross-Down Signal |
| AMTEK ENGINEERING LTD | bearish | 0.665 | 882 | MACD Cross-Down Signal |
| ASCOTT RESIDENCE TRUST | bearish | 0.99 | 834 | MACD Cross-Down Signal |
| CDL HOSPITALITY TRUSTS | bullish | 1.71 | 767 | MACD Cross-Up Signal |
By Moses, February 1, 2012
DSICLAIMER
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