Bunnings Warehouse Property Trust

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

Woodie Pivot Point

Score

-0.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 95 5.4 0.46% 0.73% 1.3% -0.8% 8.0%
SHORT 97 4.2 0.43% 0.66% 0.9% -0.8% -11.1%

Summary

Technical Analysis

Bunnings Warehouse Property Trust (BWP.AX)


Indicator:

WOODIE PIVOT POINT


Signal Strength: MEDIUM
Recommendation:

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


Bunnings Warehouse Property Trust (ASX:BWP) current pivot point (Woodie) is:
$3.701.

The current resistance levels are:
(R1) $3.717
(R2) $3.756

The current support levels are:
(S1) $3.662
(S2) $3.646



One of the key differences in calculating Woodies Pivot Point to other pivot points is that the current sessions open price is used in the PP formula with the previous sessions high and low.

Calculation: Woodie Pivot Point:
1) R2 = PP + High – Low;
2) R1 = (2 X PP) – Low;
3) PP = (H + L + 2C) / 4;
4) S1 = (2 X PP) – High;
5) S2 = PP – High + Low – Closing Price – High – Low;


PROFILE: Bunnings Warehouse Property Trust (BWP.AX)


Stock Exchange: ASX
Company: Bunnings Warehouse Property Trust
Ticker Codes: | BWP.AX | ASX:BWP |

About Bunnings Warehouse Property Trust (ASX:BWP):

Established and listed on the Australian Securities Exchange (?ASX?) in 1998 (see prospectus), BWP Trust (?BWP? or ?the Trust?) is a real estate investment trust investing in and managing commercial properties throughout Australia. The majority of the Trust's properties are large format retailing properties, in particular, Bunnings Warehouses, leased to Bunnings Group Limited (?Bunnings?). Bunnings is the leading retailer of home improvement and outdoor living products in Australia and New Zealand, and a major supplier to project builders, commercial trades people, and the housing industry. Full details on the Trust's property portfolio can be found in the Our Properties section of this website. The Trust is managed by an external responsible entity, BWP Management Limited (?the responsible entity?) which is appointed under the Trust's constitution and operates under an Australian Financial Services Licence. The responsible entity is committed to managing the Trust solely and is paid an annual fee based on the gross assets of the Trust. Both Bunnings and the responsible entity are wholly-owned subsidiaries of Wesfarmers Limited (?Wesfarmers?), one of Australia's largest listed companies. Wesfarmers also owns approximately 24.75 per cent of the issued units in the Trust.

Top 10:

Woodie Pivot Point

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