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

Demark's Pivot Points

Score

-2.65

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 95 5.7 0.34% 0.48% 2.6% -1.8% -36.5%
SHORT 94 4.0 0.36% 0.47% 0.8% -1.6% -84.3%

Summary

Technical Analysis

Macquarie Telecom (MAQ.AX)


Indicator:

DEMARK 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 (DeMark) is:
(R1) $22.515.

The current pivot point (DeMark) is:
(S1) $22.505.



Demark Pivot Points start with a different base and use different formulas for support and resistance. These Pivot Points are conditional on the relationship between the close and the open.

Calculation: Demarks Pivot Points:
1) If Close < Open then X = High + (2 x Low) + Close;
2) If Close > Open then X = (2 x High) + Low + Close;
3) If Close = Open then X = High + Low + (2 x Close) ;
4) Pivot Point (P) = X/4;
5) Support 1 (S1) = X/2 – High;
6) Resistance 1 (R1) = X/2 – 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:

Demark's Pivot Points

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Company Close Change(%) Volume Value Signal
MLX Metals X 0.19 5.7 27,399,163 0 BEARISH
IFL Ioof Holdings 7.3 3.5 4,728,089 -0.03 BEARISH
LYL Lycopodium 5.54 2.6 209,001 -0.01 BEARISH
CWP Cedar Woods Properties 6.95 2.5 44,888 -0.03 BEARISH
FRI Finbar International 0.87 2.4 59,371 0 BEARISH
LIC Lifestyles Communities 7.68 1.9 163,017 -0.02 BEARISH
SGM Sims 9.85 1.7 666,752 -0.15 BEARISH
FWD Fleetwood 1.95 1.6 56,426 0 BEARISH
SWM Seven West Media 0.39 1.3 5,447,801 0 BEARISH
PAC Pacsoft 7.04 1.3 36,615 -0.01 BEARISH