Freelancer

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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Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Camarilla Pivot Points

Score

-0.7

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 55 7.6 0.47% 0.70% 4.8% -3.7% -10.0%
SHORT 53 7.8 0.34% 0.47% 6.1% -4.6% -64.5%

Summary

Technical Analysis

Freelancer (FLN.AX)


Indicator:

CAMARILLA PIVOT POINT


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Freelancer (ASX:FLN) current pivot point Camarilla is: $0.728.

The current resistance levels are: (R1) $0.796
(R2) $0.856
(R3) $0.917
(R4) $1.099

The current support levels are: (S1) $0.674
(S2) $0.614
(S3) $0.553
(S4) $0.371



Camarilla pivot points were discovered in 1989 by Nick Scott, a successful bond trader. The basic thesis for this strategy is a common one: That price, as most time series, has a tendency to revert to its mean.

Calculation: Camarilla Pivot Points:
1) R4 = Close + (High – Low) * 1.1/2;
2) R3 = Close + (High – Low) * 1.1/4;
3) R2 = Close + (High – Low) * 1.1/6;
4) R1 = Close + (High – Low) * 1.1/12;
5) PP = (HIGH + LOW + CLOSE) / 3;
6) S1 = Close – (High – Low) * 1.1/12;
7) S2 = Close – (High – Low) * 1.1/6;
8) S3 = Close – (High – Low) * 1.1/4;
9) S4 = Close – (High – Low) * 1.1/2;


PROFILE: Freelancer (FLN.AX)


Stock Exchange: ASX
Company: Freelancer
Ticker Codes: | FLN.AX | ASX:FLN |

About Freelancer (ASX:FLN):

Freelancer Limited operates a freelancing and crowdsourcing marketplace in Australia. It operates through two segments, Online Marketplace and Online Payment Services. The company, through its marketplace, hires freelancers to do work in areas, such as software development, writing, data entry and design, engineering, sciences, sales and marketing, and accounting and legal services. It connects employers and freelancers from approximately 247 countries, regions, and territories. The company also provides escrow payment services. Freelancer Limited was founded in 2009 and is based in Sydney, Australia.

Top 10:

Camarilla Pivot Points

Download
Company Close Change(%) Volume Value Signal
ATL ASX 20 0.43 10.4 117,204 0 BULLISH
SGR The Star Entertainment 3.79 5.9 14,342,914 0.03 BULLISH
AHG Advance Healthcare 3.21 4.6 663,989 0.05 BULLISH
COH Cochlear 209.43 3.9 588,882 0.31 BULLISH
SHM Shriro 0.67 3.9 91,198 0.03 BULLISH
CAT Catuity 1.17 3.6 340,110 0.01 BULLISH
JHC Japara Healthcare 1.04 3.5 410,500 0 BULLISH
SSM Service Stream 2.74 3.4 1,525,929 0 BULLISH
APZ Aspen 1.09 3.3 9,720 0.01 BULLISH
ORA Orora 2.77 3 19,003,657 0.02 BULLISH