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

Woodie Pivot Point

Score

-0.9

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 123 4.0 0.46% 0.80% 1.3% -1.4% -22.3%
SHORT 122 3.9 0.43% 0.72% 1.6% -1.4% -17.9%

Summary

Technical Analysis

Caltex (CTX.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.


Caltex (ASX:CTX) current pivot point (Woodie) is:
$33.968.

The current resistance levels are:
(R1) $34.336
(R2) $34.458

The current support levels are:
(S1) $33.846
(S2) $33.478



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: Caltex (CTX.AX)


Stock Exchange: ASX
Company: Caltex
Ticker Codes: | CTX.AX | ASX:CTX |

About Caltex (ASX:CTX):

Caltex Australia Limited engages in purchasing, refining, distributing, and selling petroleum products in Australia, New Zealand, and Singapore. It operates through Supply and Marketing, and Lytton segments. The Supply and Marketing segment sells fuels, lubricants, specialty products, and convenience store goods through a network of Caltex, Caltex Woolworths, and Ampol branded service stations, as well as through company owned and non-equity resellers, and direct sales to corporate customers. This segment distributes its products through pipelines, terminals, depots, and owned and contracted transportation fleet. The Lytton segment refines crude oil into petrol, diesel, greases, and jet fuel, as well as various specialty products, including liquid petroleum gas. Caltex Australia Limited was founded in 1900 and is headquartered in Sydney, Australia.

Top 10:

Woodie Pivot Point

Download
Company Close Change(%) Volume Value Signal
GXY Galaxy Resources 0.95 9.9 5,094,962 0.01 BULLISH
LYC Lynas Corporation 2.58 8.9 9,724,310 0.01 BULLISH
ISD Isentia 0.26 8.3 518,734 0 BULLISH
BVS Bravura Solutions 5.36 8.1 3,114,316 0.02 BULLISH
SYR Syrah Resources 0.47 6.8 2,759,087 0 BULLISH
BFG Bell Financial 1.15 4.5 338,716 0 BULLISH
MND Monadelphous 17.47 4.5 518,378 0.04 BULLISH
CUV Clinuvel Pharmaceuticals 26.94 3.6 279,019 0.22 BULLISH
JIN Jin 18.94 3.5 301,618 0.08 BULLISH
MIN Mineral Resources 17.04 3.5 1,721,384 0.04 BULLISH