Macquarie Telecom

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%

What indicators would you like to backtest?

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Basic Candlestick

Score

0.7

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 47 11.0 0.45% 0.72% 3.9% -1.3% 43.9%
SHORT 46 6.3 0.50% 0.82% 1.6% -1.3% 0.1%

Summary

Technical Analysis

Macquarie Telecom (MAQ.AX)


Indicator:

MARUBOZU CANDLE


Last Signal:

BULLISH


Trading: BUY @ $22
Signal Strength: WEAK
Recommendation:

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading position. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This Japanese candlestick indicator can provide guidance on the short term battle between sellers and buyers from the companies recent trading.


Macquarie Telecom (ASX:MAQ) has formed a White Marubozu candlestick. This means, MAQ has received strong buying confidence and upward price movement over the trading day with no upper or lower shadows present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.



This candlestick represents extreme bullishness and is characterized by a long white body having no shadows on either end.

Calculation: White Marubozu Candlestick:
1) The body of the candlestick is white and long;
2) There are no upper or lower shadows;


PROFILE: Macquarie Telecom (MAQ.AX)


Stock Exchange: ASX
Company: Macquarie Telecom
Ticker Codes: | MAQ.AX | ASX:MAQ |

About Macquarie Telecom (ASX:MAQ):

Macquarie Telecom Group Limited provides telecommunication and hosting services to corporate and government customers in Australia. It offers voice services, such as fixed-line voice, unified communications, and video and Web conferencing services; managed mobility services and mobile management tools; and cloud services, including hybrid, VMWare, and private cloud services, as well as dedicated servers, colocation, managed hosting, management tools, and data center extension services. The company also provides data services, including Internet, fixed wireline Ethernet, private IP-VPN, Cisco Meraki, business NBN, international data links, SIP trunking, SaaS enabled WAN, secure remote access, and business Ethernet access. Macquarie Telecom Group Limited was founded in 1992 and is headquartered in Sydney, Australia.

Top 10:

Basic Candlestick

Download
Company Close Change(%) Volume Value Signal
AFL ASX 50 0.2 11.1 4,347 0 NEUTRAL
BBN Baby Bunting 2.7 11.1 2,595,338 0 NEUTRAL
BSA Broadcast Services Australia 0.34 7.9 824,051 0 NEUTRAL
EWC Energy World Corporation 0.07 5.8 402,315 0 NEUTRAL
NBL Noni B 2.58 5.3 52,656 0 NEUTRAL
DNK Danakali 0.67 4.7 143,231 0 NEUTRAL
CAJ Capitol Health 0.23 4.5 159,441 0 NEUTRAL
COH Cochlear 209.43 3.9 588,882 0 NEUTRAL
JHC Japara Healthcare 1.04 3.5 410,500 0 NEUTRAL
SSM Service Stream 2.74 3.4 1,525,929 0 NEUTRAL