Capilano Honey (CZZ.AX)
WOODIE PIVOT POINT
Signal Strength: MEDIUM
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.
Capilano Honey (ASX:CZZ) current pivot point (Woodie) is:
The current resistance levels are:
The current support levels are:
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: Capilano Honey (CZZ.AX)
Stock Exchange: ASX
Company: Capilano Honey
Ticker Codes: | CZZ.AX | ASX:CZZ |
Capilano Honey Limited packs and sells honey under the Capilano brand in Australia and internationally. The company also exports its products. Capilano Honey Limited was founded in 1953 and is headquartered in Richlands, Australia.
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