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

MACD Volume

Score

-0.45

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 37 10.6 0.49% 0.90% 3.2% -5.0% -43.6%
SHORT 37 10.1 0.57% 1.24% 4.3% -4.7% 9.6%

Summary

Technical Analysis

Maca (MLD.AX)


Indicator:

VOLUME MACD


Last Signal:

BULLISH


Trading: HOLD @ $0.975
Signal Strength: MEDIUM
Recommendation:

Maca (ASX:MLD) currently has positive Volume MACD of 30855. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Volume Moving Average Convergence/Divergence (VMACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).

Calculation: Moving Average Convergence Divergence Volume (VMACD):
1) VMACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of VMACD Line;
3) VMACD Histogram: VMACD Line - Signal Line;


PROFILE: Maca (MLD.AX)


Stock Exchange: ASX
Company: Maca
Ticker Codes: | MLD.AX | ASX:MLD |

About Maca (ASX:MLD):

MACA Limited operates as a mining, civil construction, and road infrastructure company in Australia and Brazil. The company offers loading and hauling services; and drilling and blasting services, including production drilling and blasting for surface mining operations or quarries, pre-split drilling, contour drilling and pioneering, blast hole sample drilling, probe drilling, pre-split and final wall blasting, drill and blast design, blasting solutions for civil construction, and controlled blasting. It also provides crushing and screening services to deliver tailored screening and sizing solutions, as well as materials handling solutions. In addition, the company offers civil road and infrastructure asset management and maintenance services, including roads construction and maintenance, design and construction of bridges, and parks and gardens management services, as well as vegetation management, verge work, heavy lifts and safety barrier, and specialist services to government organizations. MACA Limited was incorporated in 2002 and is headquartered in Welshpool, Australia.

Top 10:

MACD Volume

Download
Company Close Change(%) Volume Value Signal
SLR Silver Lake Resources 1.06 12.2 14,972,183 1,180,154 BULLISH
EWC Energy World Corporation 0.07 12.1 682,263 87,176 BULLISH
SXY Senex Energy 0.31 8.8 4,717,831 427,654 BULLISH
AQG Alacer Gold Corp 4.82 8.1 600,569 35,530 BULLISH
TZN Terramin Australia 0.08 6.7 7,645 1,829 BULLISH
RXP Rxp Services 0.47 5.6 117,158 8,694 BULLISH
IFM Infomedia 1.78 4.1 357,474 73,565 BULLISH
IMF IMF 2.8 3.7 150,655 62,023 BULLISH
ASG Autosports 1.27 3.7 10,768 3,802 BULLISH
GUD Gud Holdings 10.1 3.7 567,527 26,386 BULLISH