Trading indicator
Strong ReversalTrade 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% |
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
Strong Reversal
Score
-0.7
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 6 | 73.3 | 0.33% | 0.50% | 5.8% | -4.8% | -7.5% |
| SHORT | 6 | 46.5 | 0.33% | 0.50% | 5.0% | -7.6% | -20.3% |
Summary
Technical Analysis
Macquarie Telecom (MAQ.AX)
Indicator:
JAPANESE CANDLE
Last Signal:
Trading: POSITION @ $26
Signal Strength: STRONG
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) No strong reversal signals currently present. Previous signals for MAQ include:
No Bullish Engulfing formations in the last 12 months
No Bullish Engulfing formations in the last 12 months.
No Bullish Engulfing formations in the last 12 months.
No Bear Engulfing formations in the last 12 months.
No Dark Cloud Cover formations in the last 12 months.
No Piercing Pattern formations in the last 12 months.
PROFILE: Macquarie Telecom (MAQ.AX)
Stock Exchange: ASX
Company: Macquarie Telecom
Ticker Codes: | MAQ.AX | 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.
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