Macquarie Telecom

What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Close vs Range

Score

-2.95

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 81 6.6 0.31% 0.42% 3.2% -1.9% -33.3%
SHORT 81 4.2 0.35% 0.41% 0.6% -1.5% -85.5%

Summary

Technical Analysis

Macquarie Telecom (MAQ.AX)


Indicator:

PRICE RANGE CHANGE


Last Signal:

NEUTRAL


Trading: NO POSITION @ $25.11
Signal Strength: WEAK
Recommendation:

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.


Macquarie Telecom (ASX:MAQ)Neither buyer or seller are in control at the close of the market for Macquarie Telecom . This is the first day of closing price in the middle range for MAQ showing a lack of direction in the first timeframe & highlights the lack of commitment from both the buyers & sellers. Over the last 12 months there has been 3 trading days with the closing price in the middle part of the range giving a confirmation ratio of 1.1%. Over the last month there has been 3 trading days with the closing price in the middle range giving a confirmation ratio of 42.9%. Currently this quarter, closing price has spent 3 days in the middle price range giving a ratio of 0.4x.



Where the closing price fall within the day’s trading range highlights whether are in control.

[Calculations] Close Today Versus Range Today (CTRT):
1) When the closing price is near the high of the day buyers were in control at the close of the trading session;
2) When the closing price is near the low of the day sellers were in control at the close of the trading session;
3) When the closing price is near the middle of the day’s range where neither the buyers or sellers were in control at the close of the trading session;


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.

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