Central Australian Phosphate (CEN)

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Central Australian Phosphate (CEN): Signals

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Summary

Central Australian Phosphate current pivot point is: $ 5.227.
The current resistance levels are:
(R1) $5.254
(R2) $5.287
(R3) $5.314

The current support levels are:
(S1) $5.194
(S2) $5.167
(S3) $5.134



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);

Top 10:

Pivot Points

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RWC Reliance Worldwide Corporation 5.98 2.6 4,005,202 0.5 BEARISH
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