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?

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Triangular Moving Average

Score

-0.9

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 16 25.9 0.19% 0.23% 14.9% -2.3% 14.9%
SHORT 17 21.2 0.12% 0.13% 3.7% -2.7% -32.5%

Summary

Technical Analysis

Macquarie Telecom (MAQ.AX)


Indicator:

TRIANGULAR MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $22
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Macquarie Telecom (ASX:MAQ) currently has a confirmed downtrend. Recent trading has caused the TMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 1.1%.



A triangular moving average can be calculated using various input data such as prices volume or another technical indicator.

Calculation: Triangular Moving Average (TMA):
1) SMA: n period sum / n;
2) TMA = (n SMA period sum) / N;


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:

Triangular Moving Average

Download
Company Close Change(%) Volume Value Signal
CCP Credit Corp 27.27 13.3 452,171 3.4 BULLISH
AFL ASX 50 0.2 11.1 4,347 2.6 BULLISH
BBN Baby Bunting 2.7 11.1 2,595,338 1.5 BULLISH
SGR The Star Entertainment 3.79 5.9 14,342,914 2.1 BULLISH
NBL Noni B 2.58 5.3 52,656 10.1 BULLISH
AHG Advance Healthcare 3.21 4.6 663,989 10 BULLISH
GSW Getswift 0.25 4.2 499,320 9.3 BULLISH
SHM Shriro 0.67 3.9 91,198 9.4 BULLISH
AJX Alexium International 0.15 3.6 80,000 12.2 BULLISH
CAT Catuity 1.17 3.6 340,110 8.8 BULLISH