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?

Trading Performance

Supertrend

Score

39.6

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 1 715.0 1.00% % 39.6% % 39.6%

Summary

Technical Analysis

Macquarie Telecom (MAQ.AX)


Indicator:

SUPERTREND


Last Signal:

NEUTRAL


Trading: HOLD @ $19.9
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 been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.


Macquarie Telecom (ASX:MAQ)


The Supertrend is a trend following indicator which identifies uptrends and downtrends. The SuperTrend indicator is calculated utilising the ATR to offset the indicator from the common price. Before understanding the supertrend indicator, understanding the ATR is essential as super trend employs ATR values to calculate the indicator values. This indicator fluctuates above and below 0 signalling the current direction of the trend. This is a lagging trend indicator that assists in defining trend directions does not perform well in ranging markets.

Calculation: Supertrend (SUP) :
1) Basic Upper band = (High + Low) / 2 + Multiplier * ATR;
2) Basic Lower band = (High + Low) / 2 - Multiplier * ATR
3) Final Upper band = IF((Basic Upper band < Final Upper band(yest)) OR (Close(yest) > Previous Final Upper band(yest))) THEN (Basic Upper band) ELSE Final Upper band(yest));
4) Final Lower band = IF((Basic Lower band > Final Lowerband (yest)) OR (Close(yest) < Final Lower band(yest))) THEN (Basic Lower band) ELSE Final Lower band(yest));
5) Supertrend = IF(Close <= Final Upper band ) THEN Final Upper band ELSE Final Lower band;
Where Multiplier = 3; Period=14


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:

Supertrend

Download
Company Close Change(%) Volume Value Signal
EMH European Metals Holdings 0.4 12.9 86,102 -0.02 BULLISH
SLR Silver Lake Resources 1.06 12.2 14,972,183 0.17 BULLISH
EWC Energy World Corporation 0.07 12.1 682,263 -0.01 BULLISH
AQZ Alliance Aviation Services 2.5 10.1 242,935 -0.07 BULLISH
BSA Broadcast Services Australia 0.29 9.6 231,634 0.03 BULLISH
NEA Nearmap 4.04 9.5 5,657,879 0.74 BULLISH
SXY Senex Energy 0.31 8.8 4,717,831 -0.02 BULLISH
EVO Evolve Education 0.13 8.3 699,759 -0.02 BULLISH
AQG Alacer Gold Corp 4.82 8.1 600,569 0.53 BULLISH
NBL Noni B 2.9 7 1,522,821 -0.13 BULLISH