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

-3.85

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 114 4.2 0.27% 0.33% 1.7% -2.1% -141.2%
SHORT 115 4.2 0.31% 0.40% 1.6% -1.7% -94.9%

Summary

Technical Analysis

DWS (DWS.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.


DWS (ASX:DWS) current pivot point is: $ 0.628.
The current resistance levels are:
(R1) $0.666
(R2) $0.743
(R3) $0.781

The current support levels are:
(S1) $0.551
(S2) $0.513
(S3) $0.436



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: DWS (DWS.AX)


Stock Exchange: ASX
Company: DWS
Ticker Codes: | DWS.AX | ASX:DWS |

About DWS (ASX:DWS):

DWS Limited provides information technology services to corporations and government bodies in Australia. The company offers a suite of integrated solutions, including IT consulting services, such as IT strategy and architecture advice, program and project management, business and technical analysis, custom application development, and systems integration and solution testing; and digital solutions incorporating data automation and capture systems, and customer-led, digital strategy, and design services. It also provides business intelligence services comprising advanced analytics, as well as power BI and data warehouse as a service; sourcing and productivity services; and managed application services using a mix of offshore, on-site, off-site, and high-security models depending on client requirements. The company was incorporated in 1991 and is headquartered in Melbourne, Australia.

Top 10:

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URF Us Masters Residential Property Fund 0.27 8.2 97,913 0.04 BULLISH CROSSOVER
VTG Vita 0.69 7.8 665,880 0.02 BULLISH CROSSOVER
JHC Japara Healthcare 0.49 7.7 887,959 0.04 BULLISH CROSSOVER
GTK Gentrack 1.03 7.3 82,841 0.01 BULLISH CROSSOVER
HFR Highfield Resources 0.33 6.5 17,370 0.01 BULLISH CROSSOVER
IMD Imdex 0.89 4.7 3,098,591 0 BULLISH CROSSOVER
SKC Sky City Entertainment 1.71 4.3 847,538 0.01 BULLISH CROSSOVER