Carindale Property Trust

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

-3.55

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 90 5.7 0.33% 0.42% 0.4% -0.8% -48.1%
SHORT 91 4.3 0.40% 0.55% 0.6% -0.7% -21.7%

Summary

Technical Analysis

Carindale Property Trust (CDP.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.


Carindale Property Trust (ASX:CDP) current pivot point is: $ 5.957.
The current resistance levels are:
(R1) $6.014
(R2) $6.127
(R3) $6.184

The current support levels are:
(S1) $5.844
(S2) $5.787
(S3) $5.674



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: Carindale Property Trust (CDP.AX)


Stock Exchange: ASX
Company: Carindale Property Trust
Ticker Codes: | CDP.AX | ASX:CDP |

About Carindale Property Trust (ASX:CDP):

Carindale Property Trust (ASX Code: CDP) was listed on the Australian Stock Exchange in 1996.The Trust's sole investment is a 50% interest in Westfield Carindale, one of Brisbane's largest regional shopping centre at approximately 115,000 square metres.Westfield Carindale currently generates annual sales of $700.6 million through its two department stores, two discount department stores, three supermarkets and over 290 specialty retailers. The Trust is managed by Scentre Management Limited, a member of the Scentre Group. As such, Scentre Management Limited has adopted and is bound by the Group's Corporate Governance Charters and Policies.

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