What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Pivot Points

Score

-0.8

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 54 6.7 0.30% 0.36% 8.8% -7.9% -208.2%
SHORT 53 8.8 0.40% 0.55% 14.1% -6.2% 60.0%

Summary

Technical Analysis

Broo (BEE.AX)


Indicator:

PIVOT POINT


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Broo (ASX:BEE) current pivot point is: $ 0.023.
The current resistance levels are:
(R1) $0.026
(R2) $0.028
(R3) $0.031

The current support levels are:
(S1) $0.021
(S2) $0.018
(S3) $0.016



Pivots Points are significant levels chartists can use to determine directional movement support and resistance. Pivot Points use the prior period’s high low and close to formulate future support and resistance. In this regard Pivot Points are predictive or leading indicators.

Calculation: Pivot Points:
1) Pivot Point (P) = (High + Low + Close)/3;
2) Support 1 (S1) = (P x 2) – High; Support 2 (S2) = P - (High - Low);
3) Resistance 1 (R1) = (P x 2) – Low Resistance 2; (R2) = P + (High - Low);


PROFILE: Broo (BEE.AX)


Stock Exchange: ASX
Company: Broo
Ticker Codes: | BEE.AX | ASX:BEE |

About Broo (ASX:BEE):

Broo Limited produces and distributes beer in Australia and China. It operates through Hospitality, Australian brewing, and Chinese brewing segments. The company offers beers under the Broo Premium Lager and Australia Draught names. It serves hotels, liquor stores, restaurants, and other licensed premises through wholesalers. The company also manages pubs and boutique brewery venues. Broo Limited is headquartered in Mildura, Australia.

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