Bendigo Bank

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

Pivot Points

Score

1.7

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 118 4.3 0.58% 1.19% 1.4% -0.9% 41.8%
SHORT 119 3.8 0.42% 0.71% 2.0% -1.0% 34.6%

Summary

Technical Analysis

Bendigo Bank (BEN.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.


Bendigo Bank (ASX:BEN) current pivot point is: $ 11.617.
The current resistance levels are:
(R1) $11.674
(R2) $11.707
(R3) $11.764

The current support levels are:
(S1) $11.584
(S2) $11.527
(S3) $11.494



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: Bendigo Bank (BEN.AX)


Stock Exchange: ASX
Company: Bendigo Bank
Ticker Codes: | BEN.AX | ASX:BEN |

About Bendigo Bank (ASX:BEN):

Bendigo and Adelaide Bank Limited provides banking and financial services in Australia. It operates through Local Cconnection, Partner Connection, and Agribusiness segments. The company offers transaction, savings, offset, and credit accounts; term deposits; secured and unsecured personal loans, and home loans; home and content, car, travel, landlords, health, life, and loan protection insurance products; travel and payment services comprising telegraphic transfers, bank drafts, foreign cheques and cash, and prepaid travel cards; superannuation services; and online banking, e-statement, real time payment, branch banking, ATM, and phone and school banking services. It also provides equipment loan, finance leasing, asset purchase, and novated leasing services; small business lending, commercial lending, debtor finance, retirement living and aged care, trade finance, and interest rate risk products; bulk payment and super fund services; business overdraft facilities; business debit and credit cards; and commercial insurance solutions for business, farm, and trade activities, as well as online business insurance for trade, retail, hospitality, and professionals. In addition, the company offers spot foreign exchange (FX) and FX contract services, and foreign currency accounts and options; trade advances, import and export letters of credit, documentary collections, and performance bonds; rural and not-for-profit banking services; and money market deposits. Further, it provides financial planning services; wealth solutions, including share trading, managed funds, margin lending, and funeral bonds; and private and community banking, and telecommunication services. The company operates 182 Bendigo Bank, 316 Community Bank, 21 Alliance Bank, 15 Delphi Bank, and 9 Rural Finance/Rural Bank branches; 114 customer service agencies; and 1000 ATMs. Bendigo and Adelaide Bank Limited was founded in 1858 and is headquartered in Bendigo, Australia.

Top 10:

Pivot Points

Download
Company Close Change(%) Volume Value Signal
MGC Mg Unit Trust 0.35 18.6 1,279,050 0.01 BULLISH CROSSOVER
ADH Adairs 1.48 18.4 5,926,270 0.04 BULLISH CROSSOVER
ONE Oneview Healthcare 0.23 9.5 232,054 0.01 BULLISH CROSSOVER
RND Rand Mining 3.25 8.3 8,137 0.05 BULLISH CROSSOVER
ALK Alkane Exploration 0.46 7.1 4,445,709 0.01 BULLISH CROSSOVER
TLG Talga Gold 0.49 6.6 113,070 0.01 BULLISH CROSSOVER
BTI Bailador Technology Investments 1.03 6.2 579,514 0.02 BULLISH CROSSOVER
MAH Macmahon 0.22 4.8 908,462 0 BULLISH CROSSOVER
PAC Pacsoft 4.42 4.5 113,651 0.02 BULLISH CROSSOVER
EVO Evolve Education 0.13 4 3,170,554 0 BULLISH CROSSOVER