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%

What indicators would you like to backtest?

Trading Performance

Exponential Moving Average

Score

-2.7

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 51 9.7 0.20% 0.24% 5.6% -1.6% -11.0%
SHORT 50 6.6 0.14% 0.16% 1.8% -2.1% -76.6%

Summary

Technical Analysis

Service Stream (SSM.AX)


Indicator:

EXPONENTIAL MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $2.5
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. Recent trading has caused the EMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is 1.6%.



An exponential moving average (EMA) is a type of moving average that is similar to a simple moving average except that more weight is given to the latest data. It’s also known as the exponentially weighted moving average. This type of moving average reacts faster to recent price changes than a simple moving average.

Calculation: Exponential Moving Average:
1) Initial SMA: n period sum / n;
2) Multiplier: (2 / (Time periods + 1));
3) EMA: {Close – EMA (previous day)} x multiplier + EMA (previous day).


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.

Top 10:

Exponential Moving Average

Download
Company Close Change(%) Volume Value Signal
EWC Energy World Corporation 0.07 15 2,437,137 10.4 BULLISH CROSSOVER
AQG Alacer Gold Corp 4.42 8.6 637,521 5.5 BULLISH CROSSOVER
CAT Catuity 1.27 6.3 779,850 2.2 BULLISH CROSSOVER
WGX Westgold Resources 1.69 6.3 616,095 3.5 BULLISH CROSSOVER
GOR Gold Road Resources 1.05 5.6 2,804,920 2.7 BULLISH CROSSOVER
RSG Resolute Mining 1.13 4.6 6,915,383 2.9 BULLISH CROSSOVER
DNK Danakali 0.75 4.2 409,402 2.1 BULLISH CROSSOVER
SOL Washington H Soul Pattison & Co 22.95 4 350,025 2.4 BULLISH CROSSOVER
EVT Event Hospitality And Entertainment 12.73 3.9 92,164 0.6 BULLISH CROSSOVER
PLS Pilbara Minerals 0.71 3.7 4,759,525 0.3 BULLISH CROSSOVER