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

Demark's Pivot Points

Score

-1.35

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 68 5.7 0.31% 0.38% 6.2% -6.3% -223.7%
SHORT 67 7.1 0.49% 0.73% 8.7% -5.6% 34.2%

Summary

Technical Analysis

Broo (BEE.AX)


Indicator:

DEMARK 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 (DeMark) is:
(R1) $0.027.

The current pivot point (DeMark) is:
(S1) $0.027.



Demark Pivot Points start with a different base and use different formulas for support and resistance. These Pivot Points are conditional on the relationship between the close and the open.

Calculation: Demarks Pivot Points:
1) If Close < Open then X = High + (2 x Low) + Close;
2) If Close > Open then X = (2 x High) + Low + Close;
3) If Close = Open then X = High + Low + (2 x Close) ;
4) Pivot Point (P) = X/4;
5) Support 1 (S1) = X/2 – High;
6) Resistance 1 (R1) = X/2 – 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.

Top 10:

Demark's Pivot Points

Download
Company Close Change(%) Volume Value Signal
AYS Amaysim Australia 0.76 7 283,622 0 NEUTRAL
MTO Moto Goldmines 1.18 4.9 70,135 0 NEUTRAL
BFC Beston Global Food 0.12 4.3 687,748 0 NEUTRAL
FDV Frontier Digital Ventures 0.58 3.6 16,715 0 NEUTRAL
BKI Brickworks Investment 1.53 3 836,933 0 NEUTRAL
ASG Autosports 1.12 2.8 5,000 0 NEUTRAL
COE Cooper Energy 0.55 2.8 7,525,584 0 NEUTRAL
SYR Syrah Resources 1.28 2.4 4,028,294 0 NEUTRAL
WLE Wam Leaders 1.13 2.3 2,613,751 0 NEUTRAL
AGG Anglogold Ashanti 3.38 2.1 3,178 0 NEUTRAL