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

Woodie Pivot Point

Score

-2.0

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 93 6.0 0.37% 0.56% 2.8% -1.9% -19.8%
SHORT 95 3.7 0.41% 0.54% 0.8% -1.3% -64.5%

Summary

Technical Analysis

Macquarie Telecom (MAQ.AX)


Indicator:

WOODIE 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 (Woodie) is:
$22.75.

The current resistance levels are:
(R1) $22.75
(R2) $22.75

The current support levels are:
(S1) $22.75
(S2) $22.75



One of the key differences in calculating Woodies Pivot Point to other pivot points is that the current sessions open price is used in the PP formula with the previous sessions high and low.

Calculation: Woodie Pivot Point:
1) R2 = PP + High – Low;
2) R1 = (2 X PP) – Low;
3) PP = (H + L + 2C) / 4;
4) S1 = (2 X PP) – High;
5) S2 = PP – High + Low – Closing Price – 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:

Woodie Pivot Point

Download
Company Close Change(%) Volume Value Signal
CEN Central Australian Phosphate 7.9 4.4 81 0 NEUTRAL
DNA Donaco International 0.06 3.4 1,983,098 0 NEUTRAL
GSW Getswift 0.64 3.2 666,690 0 NEUTRAL
APX Appen 22.16 2.7 1,693,015 0 NEUTRAL
BWX BWX 3.62 2.3 687,109 0 NEUTRAL
TGA Thorn 0.24 2.1 541,799 0 NEUTRAL
MCY Mighty River Power 4.79 1.9 13,188 0 NEUTRAL
CGF Challenger Financial Services 7.54 1.3 3,238,255 0 NEUTRAL
ORA Orora 2.79 1.1 6,948,662 0 NEUTRAL
HVN Harvey Norman 4.53 1.1 5,359,511 0 NEUTRAL