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%

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Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

MACD Volume

Score

-0.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 15 20.7 0.33% 0.50% 4.8% -6.7% -43.3%
SHORT 15 24.9 0.60% 1.50% 4.6% -6.0% 5.5%

Summary

Technical Analysis

Maca (MLD.AX)


Indicator:

VOLUME MACD


Last Signal:

BEARISH


Trading: SELL @ $0.895
Signal Strength: MEDIUM
Recommendation:

Maca (ASX:MLD) currently has negative Volume MACD of -2276. This means the signal line is less than the Volume MACD line signalling a bearish 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.

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MACD Volume

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SHM Shriro 0.67 3.9 91,198 5,800 BULLISH CROSSOVER
OCL Objective Corporation 3.4 2.7 1,300 441 BULLISH CROSSOVER
IVC Invocare 14.37 2.6 560,329 10,080 BULLISH CROSSOVER
GNE Genesis Energy 3.05 2 39,215 215 BULLISH CROSSOVER
HVN Harvey Norman 4.57 1.8 3,815,037 253,530 BULLISH CROSSOVER
NSR National Storage 1.71 1.5 4,156,518 16,693 BULLISH CROSSOVER
CHC Charter Hall 11.98 1.4 1,017,473 289 BULLISH CROSSOVER
CWN Crown 11.28 1.2 1,441,511 2,706 BULLISH CROSSOVER
SIQ Smartgroup 9.04 1.1 329,374 14,285 BULLISH CROSSOVER
QUB Qube Logistics 3.02 1 3,203,599 141,859 BULLISH CROSSOVER