Service Stream

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

Detrended Price Oscillator

Score

-1.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 25 20.2 0.24% 0.32% 13.5% -2.7% 29.8%
SHORT 24 10.7 0.08% 0.09% 2.6% -2.3% -47.6%

Summary

Technical Analysis

Service Stream (SSM.AX)


Indicator:

DETREND PRICE OSCILLARTOR


Last Signal:

BULLISH


Trading: BUY @ $2.79
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.


Service Stream (ASX:SSM) currently has a confirmed uptrend. Price is currently above the displaced moving average for SSM Currently, the return on DPO20 is 1.5%.



The Detrended Price Oscillator (DPO) is an indicator designed to remove trend from price and make it easier to identify cycles. DPO does not extend to the last date because it is based on a displaced moving average. However alignment with the most recent is not an issue because DPO is not a momentum oscillator. Instead DPO is used to identify cycle’s highs/lows and estimate cycle length.

Calculation: Detrended Price Oscillator (DPO):
1) Price (X/2 + 1) periods ago minus X-period simple moving average.
Where X is the number of periods;


PROFILE: Service Stream (SSM.AX)


Stock Exchange: ASX
Company: Service Stream
Ticker Codes: | SSM.AX | ASX:SSM |

About Service Stream (ASX:SSM):

Service Stream Limited accesses, designs, builds, installs, and maintains networks in Australia. It operates through Fixed Communications, Network Construction, and Energy & Water segments. The Fixed Communications segment provides a range of operations and maintenance, and other works services, such as customer connections and service assurance, as well as asset remediation, augmentation, and relocation to the owners of fixed-line telecommunications networks. The Network Construction segment offers turnkey services, including program management, site acquisition, town planning, design, engineering, and construction management for projects in wireless and fixed-line telecommunications, signaling, and power. The Energy & Water segment provides various metering, in-home, and new energy services to electricity, gas, and water networks; and contact center and workforce management support services. The company offers its services to copper, fiber, HFC, and wireless telecommunications networks, as well as a range of private and public energy and water entities. Service Stream Limited is headquartered in Melbourne, Australia.

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Detrended Price Oscillator

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