Qube Logistics

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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Trading Performance

Triangular Moving Average

Score

-0.7

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 25 17.0 0.28% 0.39% 3.0% -1.6% -7.7%
SHORT 24 14.5 0.21% 0.25% 4.3% -1.8% -15.3%

Summary

Technical Analysis

Qube Logistics (QUB.AX)


Indicator:

TRIANGULAR MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $2.83
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.


Qube Logistics (ASX:QUB) currently has a confirmed downtrend. Recent trading has caused the TMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is -1.7%.



A triangular moving average can be calculated using various input data such as prices volume or another technical indicator.

Calculation: Triangular Moving Average (TMA):
1) SMA: n period sum / n;
2) TMA = (n SMA period sum) / N;


PROFILE: Qube Logistics (QUB.AX)


Stock Exchange: ASX
Company: Qube Logistics
Ticker Codes: | QUB.AX | ASX:QUB |

About Qube Logistics (ASX:QUB):

Qube Holdings Limited, together with its subsidiaries, provides logistics services for clients in import and export cargo supply chains in Australia. The company's Logistics segment offers services relating to the import and export of containerized cargo. This segment provides various services, which includes physical and documentary processes and tasks of the import/export supply chain, such as road and rail transport of containers to and from ports, operation of full and empty container parks, customs and quarantine services, warehousing, intermodal terminals, and international freight forwarding, as well as bulk rail haulage services for rural commodities. Its Ports & Bulk segment offers logistics services relating to the import and export of non-containerized freight with a focus on automotive, bulk, and break bulk products; and an integrated logistics solution for the automotive industry covering various activities, including facilities management, stevedoring, processing, and delivery. This segment also offers stevedoring and related logistics services for the oil and gas industry, forestry products, and project and general cargo; and handles commodities, such as iron ore, copper, nickel concentrate, and mineral sands. The company's Strategic Assets segment owns an 83 hectare parcel of land at Moorebank; a strategically located property at Minto in Sydney; a 39.9% interest in the Quattro Grain joint venture that operates a grain storage and handling facility at Port Kembla; and a 50% shareholding in TQ Holdings Pty Limited to develop fuel storage facilities in Australia. Its Patrick segment provides container stevedoring services in Australia. The company was formerly known as Qube Logistics Holdings Limited and changed its name to Qube Holdings Limited in November 2012. Qube Holdings Limited is based in Sydney, Australia.

Top 10:

Triangular Moving Average

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