Speedcast International

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

Donchian Channels

Score

-0.2

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 30 11.3 0.23% 0.29% 6.0% -4.9% -76.6%
SHORT 29 15.2 0.38% 0.58% 17.0% -2.7% 136.2%

Summary

Technical Analysis

Speedcast International (SDA.AX)


Indicator:

DONCHIAN CHANNELS


Last Signal:

BULLISH


Trading: HOLD @ $0.79
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.


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



The Donchian channel is a useful indicator for seeing the volatility of a market price. If a price is stable the Donchian channel will be relatively narrow. If the price fluctuates a lot the Donchian channel will be wider. The two outer bands are plotted as the highest high and lowest low for a set period originally 20 days with the optional middle band calculated as the average of the two.

Calculation: Donchian Channels:
1) Upper Channel = 20 Day High;
2) Lower Channel = 20 Day Low;
3) Middle Channel = (20 Day High + 20 Day Low)/2;


PROFILE: Speedcast International (SDA.AX)


Stock Exchange: ASX
Company: Speedcast International
Ticker Codes: | SDA.AX | ASX:SDA |

About Speedcast International (ASX:SDA):

SpeedCast International Limited, together with its subsidiaries, provides remote communications and IT services worldwide. It designs, deploys, operates, and maintains networks, including installation and configuration of equipment; and offers value added services, such as user applications, network optimization, and networking monitoring and management. The company also sells equipment, including very small aperture terminal terminals, modems, routers, and other types of equipment related to the provisioning of value-added services; and provides wholesale voice services to telecom customers. In addition, it offers technical manpower services; project management and systems integration services to public safety, utility, oil and gas, and maritime clients; turnkey systems integration of communication, security, and crew morale solutions; and maritime and offshore satellite communication and broadband services, and IT solutions. SpeedCast International Limited has a strategic alliance with SRH Marine. The company was founded in 1999 and is headquartered in Botany, Australia.

Top 10:

Donchian Channels

Download
Company Close Change(%) Volume Value Signal
BKY Berkeley Resources 0.16 14.3 542,159 -25 BEARISH CROSSOVER
ABA Auswide Bank 4.02 4.7 11,278 -17.61 BEARISH CROSSOVER
PMC Platinum Capital 1.3 1.6 337,955 -16.67 BEARISH CROSSOVER
AHY Asaleo Care 0.97 1 619,001 -8.82 BEARISH CROSSOVER
HPI Hotel Property Investments 1.92 0.3 1,574,007 -1.72 BEARISH CROSSOVER
MGC Mg Unit Trust 0.42 0 48,640 -10 BEARISH CROSSOVER
MOY Millennium Minerals 0.05 0 0 -25 BEARISH CROSSOVER
DNK Danakali 0.33 0 179,673 -4.55 BEARISH CROSSOVER
OCL Objective Corporation 5 0 70,257 -5.56 BEARISH CROSSOVER
ARF Arena Reit 1.7 -0.3 1,211,102 -5.56 BEARISH CROSSOVER