|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Macquarie Telecom (MAQ.AX)
ON BALANCE VOLUME
Trading: SELL @ $22.51
Signal Strength: MEDIUM
Macquarie Telecom (ASX:MAQ) current price has highlighted recent distribution. Currently, the OBV is -921.9.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.
On Balance Volume (OBV) attempts to measure the level of accumulation or distribution by comparing volume to price movements. Volume is added to the indicator if closing price moves up and subtracted if closing price moves down. No adjustment is made if closing price is unchanged.
Calculation: On Balance Volume:
1) If the closing price is above the prior close price then: Current OBV = Previous OBV + Current Volume;
2) If the closing price is below the prior close price then: Current OBV = Previous OBV - Current Volume;
3) If the closing prices equals the prior close price then: Current OBV = Previous OBV (no change)
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.
|MLX Metals X||0.19||5.7||27,399,163||-1,991,665.4||BEARISH|
|FBR Fastbrick Robotics||0.06||5||1,145,523||-1,977,443.7||BEARISH|
|BSA Broadcast Services Australia||0.43||4.9||182,669||-8,959.2||BEARISH|
|LNG Liquefied Natural Gas||0.23||4.7||311,683||-425,796.6||BEARISH|
|AYS Amaysim Australia||0.35||4.5||389,809||-13,355.6||BEARISH|
|MEZ Meridian Energy||5||4||31,416||-19,267.4||BEARISH|
|CII Ci Resources||1.25||3.7||10,000||-246.9||BEARISH|