What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

What indicators would you like to backtest?

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Bar Reversal

Score

-0.65

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 6 42.3 0.17% 0.20% 13.0% -7.1% -22.6%
SHORT 6 87.8 0.50% 1.00% 10.1% -15.3% -15.5%

Summary

Technical Analysis

Macmahon (MAH.AX)


Indicator:

BAR REVERSAL


Last Signal:

NEUTRAL


Trading: NO POSITION @ $0.29
Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation but is strengthened by additional indicator confirmation. Indicator can be applied to the short or medium term timeframe and is able to highlight a potential change in price direction. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.


Macmahon (ASX:MAH)No bar reversal is present for Macmahon. Over the last 12 months there have been 7 occurrences of no bar reversals giving a signal probability of 2.7%.


PROFILE: Macmahon (MAH.AX)


Stock Exchange: ASX
Company: Macmahon
Ticker Codes: | MAH.AX | ASX:MAH |

About Macmahon (ASX:MAH):

Macmahon Holdings Limited provides contract mining services to clients in Australia, New Zealand, South East Asia, Mongolia, and Africa. The company operates in three segments: Surface Mining, Underground Mining, and International Mining. It offers surface mining services, including mine planning and management, drill and blast, bulk and selective mining, crushing and screening, train loading, mining equipment usage, and mine management. The company also provides underground mining services, such as underground development and production, portal establishment, raise drilling, cable bolting, shotcreting, remote shaft lining, production drilling, and shaft sinking services. In addition, it offers engineering electrical, fabrication, infrastructure construction, and mechanical services; underground pumping and infrastructure construction services; and emergency egress systems, and conveying, crushing and materials handling systems. Further, the company provides complete on-site maintenance and plant management support services. Macmahon Holdings Limited was founded in 1963 and is headquartered in Perth, Australia.

Top 10:

Bar Reversal

Download
Company Close Change(%) Volume Value Signal
LNG Liquefied Natural Gas 0.12 9.1 340,710 0 NEUTRAL
OSP Osprey Medical 0.02 6.3 143,313 0 NEUTRAL
MAQ Macquarie Telecom 28.5 6.1 4,846 0 NEUTRAL
RUL Runge 1.14 5.6 1,318,971 0 NEUTRAL
MLD Maca 1 5.3 1,065,336 0 NEUTRAL
JHC Japara Healthcare 0.97 4.9 745,332 0 NEUTRAL
SPL Starpharma Holdings 1.2 4.8 106,685 0 NEUTRAL
VAH Virgin Australia Holdings 0.13 4 596,964 0 NEUTRAL
TBR Tribune Resources 5.3 3.9 38,686 0 NEUTRAL
FDV Frontier Digital Ventures 1.14 3.6 44,326 0 NEUTRAL