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?

Trading Performance

Bollinger Bands

Score

-3.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 42 11.4 0.21% 0.25% 5.0% -1.7% -16.0%
SHORT 41 8.1 0.07% 0.08% 2.6% -1.6% -52.8%

Summary

Technical Analysis


The purpose of the Bollinger Bands is to provide a relative definition of high and low. By definition prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action of the action of indicators to arrive at systematic trading decision.

Calculation: Bollinger Bands:
1) Middle Band = 20-day simple moving average (SMA);
2) Upper Band = 20-day SMA + (20-day standard deviation of price x 2);
3) Lower Band = 20-day SMA - (20-day standard deviation of price x 2);


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:

Bollinger Bands

Download
Company Close Change(%) Volume Value Signal
SCP Shopping Centres Australasia Property 2.59 -0.4 2,937,416 -1.36 BEARISH CROSSOVER
CSR CSR 3.98 -0.5 3,070,903 -3.75 BEARISH CROSSOVER
AHG Advance Healthcare 2.79 -0.7 399,126 -8.57 BEARISH CROSSOVER
BAF Blue Sky Alternatives 0.72 -0.7 257,858 -0.64 BEARISH CROSSOVER
ORI Orica 20.54 -0.8 1,897,991 -13.21 BEARISH CROSSOVER
IDX Integral Diagnostics 3.01 -1 46,327 -5.83 BEARISH CROSSOVER
FLN Freelancer 0.81 -1.2 44,811 -1.82 BEARISH CROSSOVER
RUL Runge 0.6 -1.2 132,146 -4.03 BEARISH CROSSOVER
EMH European Metals Holdings 0.38 -1.3 85 -0.28 BEARISH CROSSOVER
QAN Qantas Airways 5.43 -1.6 21,347,536 -23.53 BEARISH CROSSOVER