Tpg Telecom

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

Daily Volume Index



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 21 16.3 0.43% 0.75% 8.5% -5.0% 15.9%
SHORT 22 20.5 0.41% 0.69% 4.3% -3.2% -2.9%


Technical Analysis

Tpg Telecom (TPM.AX)



Last Signal:


Trading: SELL @ $6.29
Signal Strength: MEDIUM

Tpg Telecom (ASX:TPM) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -23794.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.

The daily volume index (DVI) is the amount of individual securities traded in a day on average over a specified period of time. Trading activity relates to the liquidity of a security. When average daily trading volume is high the stock can be easily traded and has high liquidity if trading volume is not very high and the security will tend to be less expensive because people are not as willing to buy it. As a result average daily trading volume can have an effect on the price of the security.

Calculation: Daily Volume Index (DVI):
1) [Close]-[Average price] / [Average price] x [Volume];

PROFILE: Tpg Telecom (TPM.AX)

Stock Exchange: ASX
Company: Tpg Telecom
Ticker Codes: | TPM.AX | ASX:TPM |

About Tpg Telecom (ASX:TPM):

TPG Telecom Limited provides telecommunication services to residential, small business, corporate, government, and wholesale customers in Australia and internationally. It offers ADSL2+, NBN, fiber optic and Ethernet broadband access, telephony services, Internet protocol television, SIM only mobile plans, and various business networking solutions. The company also provides various bundle plans; Internet products, including broadband off-net and premium SHDSL solutions; POP3 and Internet message access protocol email accounts; phone cards; and video surveillance and business VOIP products. In addition, it offers virtual private network, point-to-point, Ethernet multipoint connectivity, wavelength, and dark fiber services; SIP and inbound voice, ISDN PRI and PSTN, and BizPhone services; and private cloud, virtual data center, national AWS connect, and co-location services. The company was formerly known as SP Telemedia Limited and changed its name to TPG Telecom Limited in December 2009. TPG Telecom Limited is headquartered in North Ryde, Australia.

Top 10:

Daily Volume Index

Company Close Change(%) Volume Value Signal
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BRN Brainchip Holdings 0.04 10 1,340,076 -7,349 BEARISH
TLG Talga Gold 0.6 9.1 1,412,386 -15,966 BEARISH
ATL ASX 20 0.6 8.2 345,604 -3,437 BEARISH
IFN IFN 0.47 8.1 2,296,778 -1,289 BEARISH
CLW Charter Hall Long Wale 4.85 6.6 1,130,561 -789 BEARISH
GSW Getswift 0.17 6.3 243,238 -10,676 BEARISH
MAH Macmahon 0.21 5.1 1,175,605 -18,815 BEARISH
MXI Maxitra Industries 0.32 5 22,187 -21 BEARISH
OSP Osprey Medical 0.12 4.3 46,313 -674 BEARISH