GDI Property

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

-2.8

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 106 4.7 0.45% 0.64% 1.0% -1.0% -26.6%
SHORT 104 4.2 0.32% 0.41% 1.0% -1.1% -56.5%

Summary

Technical Analysis

GDI Property (GDI.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.


GDI Property (ASX:GDI) current pivot point (DeMark) is:
(R1) $1.429.

The current pivot point (DeMark) is:
(S1) $1.411.



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: GDI Property (GDI.AX)


Stock Exchange: ASX
Company: GDI Property
Ticker Codes: | GDI.AX | ASX:GDI |

About GDI Property (ASX:GDI):

GDI Property Group (GDI) is an ASX listed property owner and fund manager. We have a proud history of delivering strong returns to investors for over 20 years. Our Board and employees are passionate about property and about funds management. We aim to continue to grow the wealth of our investors, provide exceptional accommodation to our customers and be a highly respected brand in our community. Our success has been founded on a sound investment philosophy of buying well, managing well and selling well.

Top 10:

Demark's Pivot Points

Download
Company Close Change(%) Volume Value Signal
MOY Millennium Minerals 0.1 22 12,026,126 0 BULLISH
ASL Ausdrill 1.74 10.5 8,810,838 0.01 BULLISH
CLQ Clean Teq Holdings 0.38 10.3 4,365,526 0 BULLISH
AJX Alexium International 0.16 6.9 1,232,642 0 BULLISH
BTI Bailador Technology Investments 1.03 6.2 579,514 0.02 BULLISH
PNV Polynovo 1.56 5.1 4,075,815 0 BULLISH
SLR Silver Lake Resources 1.23 4.2 5,739,437 0.01 BULLISH
AJM Altura Mining 0.14 3.7 8,303,659 0 BULLISH
SPL Starpharma Holdings 1.39 3.4 409,853 0.01 BULLISH
CDA Codan 3.45 3 213,315 0.02 BULLISH