Singapore stock market MACD Scan, MACD stands for Moving Average Convergence Divergence. MACD stocks scanner has picked 8 stocks on December 12, 2011 at market closed. These stocks pass the scanning criteria for volume exceeding 100K and price closed above $1. Out of 8 stocks picked only 1 stock was bullish, and the rest of 7 stocks were bearish, although the index was higher than the last closed.
Straits Times Index, STI, Singapore stocks market benchmark
O = 2694.60points
C = 2701.12 points
H = 2722.74 points
L = 2694.6 points
The Straits Times Index, STI is at 2700 support. STI closed 6.52 points above the last closed. The bull is trying hard to push up.
The following are the 8 Stocks Picked by MACD Scanner for market closed December 12, 2011
| Company | Type | Close | Vol.(K) | Screening Result |
| INDOFOOD AGRI RESOURCES LTD. | Bearish |
1.3 |
1080 |
MACD Cross-Down Signal |
| FORTUNE REAL ESTATE INV TRUST | Bullish |
3.59 |
297 |
MACD Cross-Up ZeroLine |
| WILMAR INTERNATIONAL LIMITED | Bearish |
5.04 |
2923 |
MACD Cross-Down Signal |
| MAPLETREE INDUSTRIAL TRUST | Bearish |
1.075 |
2184 |
MACD Cross-Down ZeroLine |
| STX OSV HOLDINGS LIMITED | Bearish |
1.18 |
4464 |
MACD Cross-Down Signal |
| OLAM INTERNATIONAL LIMITED | Bearish |
2.29 |
4858 |
MACD Cross-Down Signal |
| SINGAPORE TECH ENGINEERING LTD | Bearish |
2.7 |
2406 |
MACD Cross-Down Signal |
| SEMBCORP INDUSTRIES LTD | Bearish |
4.11 |
1644 |
MACD Cross-Down Signal |
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. 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.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here.