Macquarie Telecom (MAQ.AX)
WEIGHTED MOVING AVERAGE
Trading: SELL @ $22.44
Signal Strength: STRONG
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 WMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is -2.4%.
Weighted moving averages (WMA) are difficult to construct but more reliable than the simple moving averages. WMA permits an unequal weighting on prior time periods.
Calculation: Weighted Moving Average (WMA):
1) Ft= W1At-1 + WnAt-n
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.
Weighted Moving AverageDownload
|IMD Imdex||1.26||0||244,063||-0.2||BEARISH CROSSOVER|
|HUO Huon Aquaculture||4.8||-0.4||42,009||-0.1||BEARISH CROSSOVER|
|DFM Dongfang Modern Agriculture||1||-1||38,639||-0.1||BEARISH CROSSOVER|
|EZL Euroz||1.24||-1.6||41,761||-1.3||BEARISH CROSSOVER|
|GDF Garda Diversified Property Fund||1.25||-1.6||101,589||-0.9||BEARISH CROSSOVER|
|OGC Oceanagold Corporation||4.14||-2.1||450,218||-0.5||BEARISH CROSSOVER|
|RHL Ruralco Holdings||2.91||-2.3||88,677||-0.8||BEARISH CROSSOVER|
|LNK Link||7.4||-2.4||5,198,969||-1.7||BEARISH CROSSOVER|
|ATL ASX 20||1.36||-2.9||94,569||-2.2||BEARISH CROSSOVER|
|MWY Midway||3||-2.9||43,554||-1.3||BEARISH CROSSOVER|