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

Bill Williams Market Index

Score

-2.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 48 8.0 0.38% 0.58% 1.7% -2.8% -56.3%
SHORT 47 9.7 0.47% 0.79% 2.4% -4.2% -63.8%

Summary

Technical Analysis

Tpg Telecom (TPM.AX)


Indicator:

MARKET FACILITATION INDEX


Last Signal:

POSITION


Trading: POSITION @ $6.51
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Tpg Telecom (ASX:TPM) Currently is a confirmed Green Day.



The Market Facilitation Index is designed for evaluation the willingness of the market to move the price. The indicators absolute values alone cannot provide any trading signals unlike its dynamics in relation to the dynamics of the volume.

Calculation: Bill Williams Market Facilitation Index:
1) Green bar - both MFI and volume are up. Increasing trading activity means market movement acceleration;
2) Blue bar - MFI indicator is up volume is down. The movement is continuing although the volume has dropped. The trend will soon be reversing;
3) Pink bar - MFI indicator is down volume is up. The slowing down movement while volume is raising may indicate a possible break through often a U-turn;
4) Brown bar - both MFI and volume are down. The market is no longer interested in the current direction and is looking for signs of a future development;


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:

Bill Williams Market Index

Download
Company Close Change(%) Volume Value Signal
BKY Berkeley Resources 0.38 13.4 25,468 0 NEUTRAL
PPS Praemium 0.36 9.1 3,792,112 0 NEUTRAL
AJM Altura Mining 0.14 8 8,666,348 0 NEUTRAL
AJX Alexium International 0.16 6.7 683,856 0 NEUTRAL
TLG Talga Gold 0.5 6.4 289,903 0 NEUTRAL
GSW Getswift 0.17 6.3 277,365 0 NEUTRAL
EOS Electro Optic Systems Holdings 4.09 6.2 423,102 0 NEUTRAL
RCT Reef Casino 2.62 5.6 14,000 0 NEUTRAL
DDR Dicker Data 5.1 5.2 227,956 0 NEUTRAL
AYS Amaysim Australia 0.73 5 273,805 0 NEUTRAL