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

Pivot Points

Score

-2.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 91 6.2 0.36% 0.54% 2.2% -1.7% -33.0%
SHORT 91 3.8 0.38% 0.50% 0.8% -1.3% -66.5%

Summary

Technical Analysis

Macquarie Telecom (MAQ.AX)


Indicator:

PIVOT POINT


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) current pivot point is: $ 19.847.
The current resistance levels are:
(R1) $19.994
(R2) $20.067
(R3) $20.214

The current support levels are:
(S1) $19.774
(S2) $19.627
(S3) $19.554



Pivots Points are significant levels chartists can use to determine directional movement support and resistance. Pivot Points use the prior period’s high low and close to formulate future support and resistance. In this regard Pivot Points are predictive or leading indicators.

Calculation: Pivot Points:
1) Pivot Point (P) = (High + Low + Close)/3;
2) Support 1 (S1) = (P x 2) – High; Support 2 (S2) = P - (High - Low);
3) Resistance 1 (R1) = (P x 2) – Low Resistance 2; (R2) = P + (High - Low);


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:

Pivot Points

Download
Company Close Change(%) Volume Value Signal
CAJ Capitol Health 0.22 7.3 466,982 0 BULLISH CROSSOVER
BSL Bluescope Steel 11.73 6.5 4,817,859 0.06 BULLISH CROSSOVER
BSA Broadcast Services Australia 0.3 5.3 140,508 0 BULLISH CROSSOVER
OMH OM Holdings 0.91 5.2 125,747 0 BULLISH CROSSOVER
MCY Mighty River Power 3.95 4.5 1,566 0 BULLISH CROSSOVER
HUO Huon Aquaculture 4.69 3.3 51,051 0.01 BULLISH CROSSOVER
ELD ELD 6.34 3.1 1,520,949 0.06 BULLISH CROSSOVER
NZK New Zealand King Salmon Investments 2.05 3 588 0 BULLISH CROSSOVER
AKP Audio Pixels Holdings 17 3 6,636 0.03 BULLISH CROSSOVER
WBA Webster 1.4 2.9 186,794 0.01 BULLISH CROSSOVER