Macquarie Telecom

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

Fibonacci Retracements

Score

-1.45

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 19 28.4 0.21% 0.27% 13.1% -2.1% 20.4%
SHORT 19 11.7 0.11% 0.12% 2.0% -1.9% -28.8%

Summary

Technical Analysis

Macquarie Telecom (MAQ.AX)


Indicator:

FIBONACCI RETRACTION


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Macquarie Telecom (ASX:MAQ) : The current Fibonacci Retraction levels are:
(23.61%) $23.12
(38.2%) $21.74
(50%) $21.6
(61.8%) $21.46

The current support levels are:
(78.6%) $21.26
(100%) $21
(138.2%) $20.54
(161.8%) $20.26
(261.8%) $19.06
(423.61%) $17.12



A Fibonacci retracement is a term used in technical analysis that refers to areas of support (price stops going lower) or resistance (price stops going higher). Fibonacci retracement levels use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the trend continues in the original direction.

Calculation: Fibonacci Retracements:
1) Uptrend: C = B — (B — A) x N%;
2) Downtrend: C = B + (A — B) x N%;
3) Fibonacci Levels:
a) 23.61%;
b) 38.2%;
c) 50%;
d) 61.8%;
e) 78.6%;
f) 100%,


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:

Fibonacci Retracements

Download
Company Close Change(%) Volume Value Signal
DNA Donaco International 0.08 20.3 5,689,315 0.04 BULLISH
BOC Bougainville Copper 0.12 20 116,647 0.13 BULLISH
RCT Reef Casino 2.45 8.9 906 0.31 BULLISH
EVO Evolve Education 0.13 8.7 2,297,541 0.02 BULLISH
GNG GR Engineering Services 0.82 7.2 8,204 0.08 BULLISH
BVS Bravura Solutions 4.03 7.2 3,476,269 1.29 BULLISH
CDV Cardinal Resources 0.4 5.3 352,093 0.16 BULLISH
BSA Broadcast Services Australia 0.43 4.9 182,669 0.05 BULLISH
PRU Perseus Mining 0.79 4.6 7,086,873 0.13 BULLISH
AYS Amaysim Australia 0.35 4.5 389,809 0.1 BULLISH