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

Demark's Pivot Points

Score

-0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 63 6.5 0.56% 1.13% 2.3% -3.1% -14.2%
SHORT 65 6.8 0.54% 1.13% 2.3% -2.4% 5.9%

Summary

Technical Analysis

Cybg (CYB.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.


Cybg (ASX:CYB) current pivot point (DeMark) is:
(R1) $3.56.

The current pivot point (DeMark) is:
(S1) $3.46.



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: Cybg (CYB.AX)


Stock Exchange: ASX
Company: Cybg
Ticker Codes: | CYB.AX | ASX:CYB |

About Cybg (ASX:CYB):

Equatorial Resources Limited explores for and develops iron ore properties in the Republic of Congo. It owns a 100% interest in the Badondo iron project located in the northwest region of the Republic of Congo. The company is headquartered in Perth, Australia.

Top 10:

Demark's Pivot Points

Download
Company Close Change(%) Volume Value Signal
MXI Maxitra Industries 0.33 8.2 24,282 0 BEARISH
SLR Silver Lake Resources 1.45 8.2 9,252,383 0 BEARISH
AJM Altura Mining 0.11 4.8 879,399 0 BEARISH
MNS Milnes Holdings 0.23 4.5 400,019 0 BEARISH
DNA Donaco International 0.12 4.3 834,535 0 BEARISH
TLG Talga Gold 0.42 3.7 16,735 -0.01 BEARISH
EVN Evolution Mining 4.83 3.6 13,477,838 -0.01 BEARISH
GXY Galaxy Resources 1.33 3.5 3,778,711 -0.01 BEARISH
SFR Sandfire Resources 6.94 3.4 960,185 -0.05 BEARISH
PGH Pact 2.72 3.4 796,308 -0.03 BEARISH