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

Stochastic Oscillator

Score

-0.35

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 38 9.7 0.37% 0.56% 2.4% -2.8% -36.4%
SHORT 36 12.6 0.47% 0.77% 6.6% -2.5% 57.3%

Summary

Technical Analysis

Maca (MLD.AX)


Indicator:

STOCHASTIC OSCILLATOR


Last Signal:

BULLISH


Trading: BUY @ $0.97
Signal Strength: STRONG
Recommendation:

Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.


Maca (ASX:MLD) is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.



In technical analysis of securities trading the stochastic oscillator is a momentum indicator that uses support and resistance levels. Dr George Lane developed this indicator in the late 1950s. The term stochastic refers to the point of a current price in relation to its price range over a period of time. This method attempts to predict price turning points by comparing the closing price of a security to its price range.

Calculation: Stochastic Oscillator:
1) %K = (Current Close - Lowest Low)/(Highest High - Lowest Low) * 100;
2) %D = 3-day SMA of %K Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %K is multiplied by 100 to move the decimal point two places;


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:

Stochastic Oscillator

Download
Company Close Change(%) Volume Value Signal
EVO Evolve Education 0.17 22.2 9,775,710 0 BEARISH
PPS Praemium 0.62 8.8 4,008,172 15.7 BEARISH
BLX Beacon Lighting 1.22 6.1 35,184 5.6 BEARISH
OPT Opthea 3.74 5.9 574,252 12.5 BEARISH
DNA Donaco International 0.09 4.9 3,563,477 12.8 BEARISH
TWE Treasury Wine Estates 16.94 3.3 6,146,102 11 BEARISH
LAU Lindsay Australia 0.37 2.8 40,000 0 BEARISH
FOR Forager Australian Shares 1.22 2.1 90,243 8.1 BEARISH
AJM Altura Mining 0.06 1.8 3,036,055 7.1 BEARISH
RWC Reliance Worldwide Corporation 4.25 1.7 1,970,085 14.3 BEARISH