Trading indicator
Daily Volume IndexTrade 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
Daily Volume Index
Score
0.05
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 8 | 68.0 | 0.75% | 3.00% | 8.2% | -9.7% | 29.8% |
| SHORT | 8 | 23.5 | 0.25% | 0.33% | 5.9% | -5.2% | -19.2% |
Summary
Technical Analysis
Macquarie Telecom (MAQ.AX)
Indicator:
DAILY VOLUME INDEX
Last Signal:
BULLISH
Trading: HOLD @ $22.51
Signal Strength: MEDIUM
Recommendation:
Macquarie Telecom (ASX:MAQ) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 7.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.
The daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.
Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];
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.
Top 10:
Daily Volume Index
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| BOC Bougainville Copper | 0.12 | 20 | 116,647 | 114 | BULLISH |
| BVS Bravura Solutions | 4.03 | 7.2 | 3,476,269 | 6,473 | BULLISH |
| GNG GR Engineering Services | 0.82 | 7.2 | 8,204 | 218 | BULLISH |
| CDV Cardinal Resources | 0.4 | 5.3 | 352,093 | 2,509 | BULLISH |
| BSA Broadcast Services Australia | 0.43 | 4.9 | 182,669 | 703 | BULLISH |
| AYS Amaysim Australia | 0.35 | 4.5 | 389,809 | 1,171 | BULLISH |
| IFL Ioof Holdings | 7.3 | 3.5 | 4,728,089 | 1,182 | BULLISH |
| RMS Ramelius Resources | 1.28 | 3.2 | 4,064,876 | 8,518 | BULLISH |
| ANG Austin Engineering | 0.18 | 2.9 | 20,000 | 1,719 | BULLISH |
| AQG Alacer Gold Corp | 5.97 | 2.9 | 94,348 | 32 | BULLISH |