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%

What indicators would you like to backtest?

Trading Performance

Detrended Price Oscillator

Score

-0.6

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 21 15.8 0.10% 0.11% 37.5% -3.8% 2.1%
SHORT 22 19.4 0.18% 0.22% 6.8% -3.2% -30.3%

Summary

Technical Analysis

Tpg Telecom (TPM.AX)


Indicator:

DETREND PRICE OSCILLATOR


Last Signal:

BEARISH


Trading: SELL @ $6.25
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.


Tpg Telecom (ASX:TPM) currently has a confirmed downtrend. Price is currently below the displaced moving average for TPM Currently, the return on DPO20 is -0.6%.



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: 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:

Detrended Price Oscillator

Download
Company Close Change(%) Volume Value Signal
ATL ASX 20 0.65 9.2 415,156 -0.17 BEARISH
DNA Donaco International 0.08 9.2 4,579,010 0 BEARISH
RAP Resapp Health 0.15 7.1 428,520 0 BEARISH
EZL Euroz 1.21 7.1 86,825 -0.01 BEARISH
MNS Milnes Holdings 0.21 5.1 895,452 -0.05 BEARISH
MTO Moto Goldmines 1.34 4.7 78,748 -0.09 BEARISH
BRN Brainchip Holdings 0.05 4.5 1,366,441 0 BEARISH
BFC Beston Global Food 0.12 4.3 385,290 -0.01 BEARISH
ONE Oneview Healthcare 0.25 4.2 107,600 -0.02 BEARISH
DFM Dongfang Modern Agriculture 0.88 4.1 241,557 -0.01 BEARISH