This screen lists stocks on Asian exchanges with a bullish divergence on the MACD line (12, 26): the price has made a lower low while MACD has made a higher low. Divergence shows that downward momentum is fading even though the price is still falling, which often comes before a bottom. Swing traders use it as an early warning and wait for confirmation, such as a MACD crossover above its signal line. Prices are in each exchange's local currency, and the list covers stocks traded in Tokyo, Hong Kong, Singapore, Seoul and Jakarta with at least about US$0.7 million in average daily trading value.
