Macquarie

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

Momentum Oscillator

Score

-1.15

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 29 16.7 0.24% 0.32% 4.7% -1.4% 1.9%
SHORT 29 9.7 0.17% 0.21% 3.2% -2.1% -33.8%

Summary

Technical Analysis

Macquarie (MQG.AX)


Indicator:

MOMENTUM


Last Signal:

BULLISH


Trading: HOLD @ $136.35
Signal Strength: MEDIUM
Recommendation:

Macquarie (ASX:MQG) currently has positive momentum of 2.48. This means the current price is greater than the price 14 days ago and therefore gaining momentum.

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


Momentum measures the rate of change in closing prices and is used to detect trend weakness and likely reversal points. It is often underrated because of its simplicity. High Momentum readings (positive or negative) occur when a trend is at its strongest. Lower readings are found at the start and end of trends. Overbought and oversold levels are set separately for each security based on the performance of the indicator over past cycles.

Calculation: Momentum Oscillator (MOM):
1) Closing Price [today] - Closing Price [n days ago];

PROFILE: Macquarie (MQG.AX)


Stock Exchange: ASX
Company: Macquarie
Ticker Codes: | MQG.AX | ASX:MQG |

About Macquarie (ASX:MQG):

Macquarie Group Limited provides diversified financial services in Australia, Europe, the Middle East, Africa, Americas, and the Asia Pacific. It operates in five segments: Macquarie Asset Management (MAM), Corporate and Asset Finance (CAF), Banking and Financial Services (BFS), Commodities and Global Markets (CMG), and Macquarie Capital. The MAM segment specializes in infrastructure, real estate, agriculture, and energy via public and private funds, co-investments, partnerships, and separately managed accounts; and offers securities investment management solutions across various asset classes, including fixed income, currencies, equities, infrastructure securities, hedge funds, and multi-asset allocation solutions. It also provides investment solutions and balance sheet lending services. The CAF segment offers finance and asset management solutions, such as aircraft, vehicles, technology, healthcare, manufacturing, industrial, energy, rail, and mining equipment to clients across specialized assets. It also provides primary financing solutions; and engages in secondary market investing activities. The BFS segment offers retail banking products comprising mortgages, credit cards, and transaction and savings accounts; and wrap platform and cash management, financial advisory, and private banking and stockbroking services, as well as investment and superannuation products. It also provides deposit, lending, and payment solutions, as well as tailored services to business clients. The CGM segment offers end-to-end offering, which comprise equities, fixed income, foreign exchange, and commodities. The Macquarie Capital segment provides corporate finance advisory and capital market services to corporate and government clients involved in public and private mergers and acquisitions, debt and equity fund raisings, private equity raisings, and corporate restructuring. The company was founded in 1969 and is headquartered in Sydney, Australia.

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Momentum Oscillator

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