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

Demark's Pivot Points

Score

-2.75

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 107 4.7 0.33% 0.45% 2.2% -2.4% -109.7%
SHORT 107 4.0 0.41% 0.59% 2.0% -2.3% -80.3%

Summary

Technical Analysis

Cardno (CDD.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.


Cardno (ASX:CDD) current pivot point (DeMark) is:
(R1) $1.12.

The current pivot point (DeMark) is:
(S1) $1.088.



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: Cardno (CDD.AX)


Stock Exchange: ASX
Company: Cardno
Ticker Codes: | CDD.AX | ASX:CDD |

About Cardno (ASX:CDD):

Cardno Limited, a professional infrastructure and environmental services company, engages in the development and improvement of physical and social infrastructure for communities worldwide. The company offers technical and economic feasibility services; planning services, such as statutory planning, urban development, master planning and design, mapping and surveying, and transportation planning; environmental consulting services in natural systems assessment and management, environmental impact assessment and monitoring, agricultural development, climate change management, conservation, and rehabilitation; and engineering design services for various structures, spaces, and systems. It also provides software and technology solutions that aid planning and design for engineers and planners in various industries; project management services across the project lifecycle; construction materials testing and inspection services for building, infrastructure, and mining projects; and construction management services consisting of construction and contract administration, construction and demolition, construction supervision, and subsurface utility engineering. In addition, the company offers asset management, condition assessment, facilities management, infrastructure, and software implementation services; management consulting services to public and private clients to optimize their investment in physical, economic, and social infrastructure projects; and development assistance services to enhance infrastructure, economic, health, educational, and governance situations of developing nations. It serves the building, land, coastal and ocean, environment, international development, management services, energy and resources, transportation, water, and defense market sectors. The company was founded in 1945 and is headquartered in Fortitude Valley, Australia.

Top 10:

Demark's Pivot Points

Download
Company Close Change(%) Volume Value Signal
BNO Bionomics 0.05 35.9 9,907,813 0 BULLISH CROSSOVER
BOC Bougainville Copper 0.14 17.4 108,996 0.01 BULLISH CROSSOVER
ONE Oneview Healthcare 0.29 7.4 3,200 0 BULLISH CROSSOVER
BRN Brainchip Holdings 0.05 6.7 3,264,414 0 BULLISH CROSSOVER
SDA Speedcast International 1.24 6 4,505,876 0.02 BULLISH CROSSOVER
SHM Shriro 0.71 5.2 80,561 0.02 BULLISH CROSSOVER
SYR Syrah Resources 0.54 4.9 2,557,693 0 BULLISH CROSSOVER
ISD Isentia 0.45 4.7 660,482 0.01 BULLISH CROSSOVER
NBL Noni B 3 4.5 142,113 0.04 BULLISH CROSSOVER
CIM Cimic 32.3 4 935,992 0.22 BULLISH CROSSOVER