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

Simple Moving Average

Score

-0.4

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 20 16.4 0.25% 0.33% 4.9% -3.8% -32.8%
SHORT 19 22.2 0.26% 0.36% 18.6% -3.9% 38.7%

Summary

Technical Analysis

Maca (MLD.AX)


Indicator:

SIMPLE MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $0.935
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Maca (ASX:MLD) currently has a confirmed uptrend. This means the SMA 15 day average has exceeded the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is -0.5%.



A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.

Calculation: Simple Moving Average:
1) SMA: n period sum / n;


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:

Simple Moving Average

Download
Company Close Change(%) Volume Value Signal
BTI Bailador Technology Investments 1.08 1.4 98,894 1.2 NEUTRAL
CBL Cbl Corporation 2.82 0 0 0 NEUTRAL
DFM Dongfang Modern Agriculture 0.83 0 0 0 NEUTRAL
FIG Freedom Insurance 0.02 0 0 0 NEUTRAL
GCY Gascoyne Resources 0.04 0 0 0 NEUTRAL
QIN Quintis 0.3 0 0 0 NEUTRAL
RVA Reva Medical 0.17 0 0 0 NEUTRAL
SAS Sky And Space Global 0.03 0 0 0 NEUTRAL
SST Steamships Trading Company 15.9 0 0 0 NEUTRAL
AXP Airxpanders Inc 0.04 0 0 0 NEUTRAL