Moving Average Scanner Introduction

This blog scans the price of stocks listed in the Malaysia Stock Market based on its price behaviour with respect to its moving averages.

Three moving averages are used to determine the short term, medium term and long term outlook. Stocks will be classified into 6 different categories

1. Short term bullish – Price crossed and closed above its 20 day moving average
2. Short term bearish – Price crossed and closed below its 20 day moving average
3. Medium term bullish – Price crossed and closed above its 50 day moving average
4. Medium term bearish – Price crossed and closed below its 50 day moving average
5. Long term bullish – Price crossed and closed above its 200 day moving average
6. Long term bearish – Price crossed and closed below its 200 day moving average

Friday, September 23, 2011

Scan 22 Sep 11

Symbol Date TypeClosing PriceVolume20 day MA50 day MA200 day MA
AIRASIA BHD9/22/2011Long term bearish2.9222537003.383.5872.981
AMDB BHD9/22/2011Long term bearish0.4851428000.4840.5060.492
ASIAEP BHD9/22/2011Long term bearish0.05533543000.0550.0550.059
BANDAR RAYA DEVELOPMENTS BHD9/22/2011Long term bearish2.044909002.3372.1392.165
BINTULU PORT HOLDINGS BHD9/22/2011Long term bearish6.62140006.6636.686.69
BOON KOON GROUP BHD9/22/2011Long term bearish0.2953499000.2980.3160.303
COMPUGATES HOLDINGS BHD9/22/2011Long term bearish0.0697684000.060.0620.062
EFFICIENT E-SOLUTIONS BHD9/22/2011Long term bearish0.1859060000.1850.1970.189
EP MANUFACTURING BHD9/22/2011Long term bearish0.731163000.7850.8380.733
EXTOL MSC BHD9/22/2011Long term bearish0.185872000.2040.240.188
GRAND HOOVER BHD9/22/2011Long term bearish0.2720000.2830.2870.279
GSB GROUP BHD9/22/2011Long term bearish0.0756966000.0790.0890.076
GUAN CHONG BHD9/22/2011Long term bearish2.293272002.582.6422.411
JOTECH HOLDINGS BHD9/22/2011Long term bearish

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