26 September 2014
Moving Average Convergence Divergence MACD
Moving Average Convergence Divergence ,MACD, 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.
Free MACD Scanner
I. The listing for 22 September 2014, Monday
- Stock closed more than fifty (50) cents and 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 |
T82U | SUNTEC REAL ESTATE INV TRUST | 22/9/2014 | Bullish | 1.765 | 10431 | MACD-H +ve Divergence |
J91U | CAMBRIDGE INDUSTRIAL TRUST | 22/9/2014 | Bullish | 0.71 | 5434 | MACD +ve Divergence |
K17 | KEPPEL LAND LIMITED | 22/9/2014 | Bullish | 3.47 | 2114 | MACD Cross-Up Signal |
H78 | HONGKONG LAND HOLDINGS LIMITED | 22/9/2014 | Bullish | 7.02 | 1592 | MACD Cross-Up ZeroLine |
W05 | WING TAI HLDGS LTD | 22/9/2014 | Bullish | 1.805 | 1521 | MACD +ve Divergence |
U11 | UNITED OVERSEAS BANK LTD | 22/9/2014 | Bullish | 22.59 | 1315 | MACD +ve Divergence |
U14 | UOL GROUP LIMITED | 22/9/2014 | Bullish | 6.43 | 724 | MACD Cross-Up ZeroLine |
5UX | OXLEY HOLDINGS LIMITED | 22/9/2014 | Bullish | 0.57 | 641 | MACD Cross-Up Signal |
T13 | RH PETROGAS LIMITED | 22/9/2014 | Bearish | 0.785 | 5941 | MACD Cross-Down ZeroLine |
TQ5 | FRASERS CENTREPOINT LIMITED | 22/9/2014 | Bearish | 1.67 | 1942 | MACD-H -ve Divergence |
M1GU | SABANA SHARI’AH COMPLIANT REIT | 22/9/2014 | Bearish | 1.01 | 1491 | MACD Cross-Down Signal |
II. 22 September 2014, Monday for Stock ten (10) cents and more
- 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 |
T82U | SUNTEC REAL ESTATE INV TRUST | 22/9/2014 | Bullish | 1.765 | 10431 | MACD-H +ve Divergence |
5IG | GALLANT VENTURE LTD. | 22/9/2014 | Bullish | 0.265 | 7538 | MACD-H +ve Divergence |
J91U | CAMBRIDGE INDUSTRIAL TRUST | 22/9/2014 | Bullish | 0.71 | 5434 | MACD +ve Divergence |
K17 | KEPPEL LAND LIMITED | 22/9/2014 | Bullish | 3.47 | 2114 | MACD Cross-Up Signal |
H78 | HONGKONG LAND HOLDINGS LIMITED | 22/9/2014 | Bullish | 7.02 | 1592 | MACD Cross-Up ZeroLine |
F31 | FRAGRANCE GROUP LIMITED | 22/9/2014 | Bullish | 0.235 | 1571 | MACD Cross-Up ZeroLine |
W05 | WING TAI HLDGS LTD | 22/9/2014 | Bullish | 1.805 | 1521 | MACD +ve Divergence |
U11 | UNITED OVERSEAS BANK LTD | 22/9/2014 | Bullish | 22.59 | 1315 | MACD +ve Divergence |
5OQ | TEHO INTERNATIONAL INC LTD. | 22/9/2014 | Bullish | 0.193 | 1201 | MACD Cross-Up Signal |
U14 | UOL GROUP LIMITED | 22/9/2014 | Bullish | 6.43 | 724 | MACD Cross-Up ZeroLine |
5UX | OXLEY HOLDINGS LIMITED | 22/9/2014 | Bullish | 0.57 | 641 | MACD Cross-Up Signal |
5G1 | EUROSPORTS GLOBAL LIMITED | 22/9/2014 | Bullish | 0.265 | 606 | MACD Cross-Up ZeroLine |
H19 | HWA HONG CORPORATION LIMITED | 22/9/2014 | Bullish | 0.325 | 533 | MACD Cross-Up ZeroLine |
P15 | PACIFIC CENTURY REGIONAL DEVTS | 22/9/2014 | Bearish | 0.26 | 25082 | MACD Cross-Down Signal |
5MM | SKY ONE HOLDINGS LIMITED | 22/9/2014 | Bearish | 0.198 | 6098 | MACD -ve Divergence |
T13 | RH PETROGAS LIMITED | 22/9/2014 | Bearish | 0.785 | 5941 | MACD Cross-Down ZeroLine |
5EN | MIDAS HLDGS LIMITED | 22/9/2014 | Bearish | 0.37 | 3343 | MACD Cross-Down Signal |
5UO | SYSMA HOLDINGS LIMITED | 22/9/2014 | Bearish | 0.26 | 3160 | MACD Cross-Down ZeroLine |
F01 | VIBRANT GROUP LIMITED | 22/9/2014 | Bearish | 0.107 | 2517 | MACD Cross-Down Signal |
TQ5 | FRASERS CENTREPOINT LIMITED | 22/9/2014 | Bearish | 1.67 | 1942 | MACD-H -ve Divergence |
M1GU | SABANA SHARI’AH COMPLIANT REIT | 22/9/2014 | Bearish | 1.01 | 1491 | MACD Cross-Down Signal |
5FR | ETIKA INTERNATIONAL HLDGS LTD | 22/9/2014 | Bearish | 0.157 | 970 | MACD Cross-Down ZeroLine |
E3B | WEE HUR HOLDINGS LTD. | 22/9/2014 | Bearish | 0.375 | 632 | MACD Cross-Down Signal |
QC7 | Q & M DENTAL GROUP (S) LIMITED | 22/9/2014 | Bearish | 0.475 | 506 | MACD Cross-Down Signal |
T24 | TUAN SING HOLDINGS LIMITED | 22/9/2014 | Bearish | 0.405 | 502 | MACD Cross-Down ZeroLine |
See Suntec Real Estate Inv Trust (T82U.SI) as example – MACD-H +ve Divergence
Read more on other postings:
1) Moses’ Free Singapore Stocks MACD Scan – 19 September 2014
2) Be Realistic! Moses’ Stock Analysis
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Moses, Moses’ Free Singapore Stock Scan
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