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

Ulcer Index

Score

-0.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 6 56.5 0.67% 2.00% 3.6% -7.1% 0.4%
SHORT 6 17.2 0.33% 0.50% 2.4% -4.9% -14.8%

Summary

Technical Analysis

Macquarie Telecom (MAQ.AX)


Indicator:

ULCER INDEX


Last Signal:

BEARISH


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

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Macquarie Telecom (ASX:MAQ) UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 4.399.



A technical indicator that measures downside risk in terms of both depth and duration of price declines. The Ulcer Index (UI) increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is usually calculated over 14 days with the UI showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the UI the longer it takes for a stock to get back to the former high.

Calculation: Ulcer Index:
1) Percentage Drawdown = [(Close - 14-period High Close)/14-period High Close] x 100;
2) Squared Average = (14-period Sum of Percentage Drawdown Squared)/14;
3) Ulcer Index = Square Root of Squared Average;


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:

Ulcer Index

Download
Company Close Change(%) Volume Value Signal
ATL ASX 20 0.43 10.4 117,204 11.4 BEARISH
BSA Broadcast Services Australia 0.34 7.9 824,051 6.01 BEARISH
SWM Seven West Media 0.4 6.7 22,528,171 17.54 BEARISH
SGR The Star Entertainment 3.79 5.9 14,342,914 9.21 BEARISH
CAJ Capitol Health 0.23 4.5 159,441 5.38 BEARISH
CYB Cybg 2.48 3.8 5,776,731 12.65 BEARISH
VTG Vita 1.25 3.3 235,825 16.25 BEARISH
AHY Asaleo Care 0.96 3.2 499,817 7.53 BEARISH
WBA Webster 1.33 3.1 11,150 7.7 BEARISH
CWY Cleanaway Waste Management 2.11 2.9 20,415,262 8.16 BEARISH