Gold Road Resources

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%

What indicators would you like to backtest?

Trading Performance

Demark's Pivot Points

Score

-0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 54 7.6 0.52% 0.97% 3.4% -2.4% 25.6%
SHORT 54 7.8 0.39% 0.58% 3.1% -2.7% -32.6%

Summary

Technical Analysis

Gold Road Resources (GOR.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.


Gold Road Resources (ASX:GOR) current pivot point (DeMark) is:
(R1) $1.418.

The current pivot point (DeMark) is:
(S1) $1.378.



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: Gold Road Resources (GOR.AX)


Stock Exchange: ASX
Company: Gold Road Resources
Ticker Codes: | GOR.AX | ASX:GOR |

About Gold Road Resources (ASX:GOR):

Gold Road Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company primarily explores for gold deposits. It focuses on developing the Yamarna Belt comprising Gruyere, Central Bore, and Attila projects, which covers an area of 6,000 square kilometers located to the east of Laverton in Western Australia. The company was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010. Gold Road Resources Limited was incorporated in 2007 and is based in West Perth, Australia.

Top 10:

Demark's Pivot Points

Download
Company Close Change(%) Volume Value Signal
EDE Eden Energy 0.07 4.6 2,219,401 0 NEUTRAL
SYR Syrah Resources 1.04 4 5,648,404 0 NEUTRAL
ASX Australian Stock Exchange 85.85 3.2 484,008 0 NEUTRAL
IPL Incitec Pivot 3.42 3 8,443,078 0 NEUTRAL
AEF Australian Ethical Investments 2.05 2.5 40,688 0 NEUTRAL
SGR The Star Entertainment 4.18 2.5 5,612,433 0 NEUTRAL
NAN Nanosonics 5.24 2.1 947,827 0 NEUTRAL
ERA Energy Resources Of Australia 0.24 2.1 318,236 0 NEUTRAL
ASB Austal 4.11 2 3,707,539 0 NEUTRAL
IFT Infratil 4.55 2 2,202 0 NEUTRAL