Singapore stock market MACD Scan, MACD stands for Moving Average Convergence Divergence. MACD stocks scanner has picked 17 stocks on December 21, 2011 at market closed. These stocks pass the scanning criteria for volume exceeding 100K and price closed above $1. The 17 stocks picked are all having bullish MACD signal. The bull were very strong.
Straits Times Index, STI
O = 2656.71points
C = 2673.32 points
H = 2676.40 points
L = 2650.57 points
The Straits Times Index, STI, Singapore stocks market benchmark closed 58.87 points above the last closed at this slow month. The bull is very strong. May this resulted in bear trap? Will see.
The following are the 17 Stocks Picked by MACD Scanner for market closed December 21, 2011
| Company | Type | Close | Vol.(K) | Screening Result |
| JARDINE STRATEGIC HLDGS LTD | bullish |
28.11 |
204 |
MACD-H +ve Divergence |
| UNITED OVERSEAS BANK LTD | bullish |
15.75 |
2929 |
MACD-H +ve Divergence |
| DBS GROUP HOLDINGS LTD | bullish |
11.7 |
5679 |
MACD-H +ve Divergence |
| FRASER AND NEAVE LIMITED | bullish |
6.3 |
1318 |
MACD Cross-Up Signal |
| STI ETF | bullish |
2.75 |
169 |
MACD-H +ve Divergence |
| OLAM INTERNATIONAL LIMITED | bullish |
2.19 |
12407 |
MACD +ve Divergence |
| STRAITS ASIA RESOURCES LIMITED | bullish |
1.92 |
10514 |
MACD-H +ve Divergence |
| PARKWAYLIFE REIT | bullish |
1.755 |
236 |
MACD Cross-Up Signal |
| CAPITAMALL TRUST | bullish |
1.705 |
4717 |
MACD Cross-Up Signal |
| HOTEL PROPERTIES LTD | bullish |
1.7 |
429 |
MACD Cross-Up Signal |
| TREASURY CHINA TRUST | bullish |
1.42 |
351 |
MACD Cross-Up Signal |
| INDOFOOD AGRI RESOURCES LTD. | bullish |
1.275 |
1086 |
MACD-H +ve Divergence |
| CAPITARETAIL CHINA TRUST | bullish |
1.14 |
153 |
MACD +ve Divergence |
| SUNTEC REAL ESTATE INV TRUST | bullish |
1.08 |
6528 |
MACD-H +ve Divergence |
| HYFLUX LTD | bullish |
1.05 |
3901 |
MACD +ve Divergence |
| CAPITACOMMERCIAL TRUST | bullish |
1.04 |
2990 |
MACD +ve Divergence |
| ASCOTT RESIDENCE TRUST | bullish |
1 |
143 |
MACD Cross-Up Signal |
DSICLAIMER
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.
The above result is for illustration purpose. If particular stocks of such are mentioned, they are meant as demonstration of AmiBroker as a powerful charting software and MACD characteristics. AmiBroker can program to scan the stocks for buy and sell signals.
The MACD signal should use with price action. Users must understand MACD and price action before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence (MACD).
You should seek advice from your broker, or licensed investment advisor, before taking any action.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.