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

0.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 116 4.0 0.41% 0.66% 2.5% -1.5% 8.0%
SHORT 116 4.3 0.40% 0.62% 2.4% -1.6% -5.3%

Summary

Technical Analysis

GWA (GWA.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.


GWA (ASX:GWA) current pivot point is: $ 3.363.
The current resistance levels are:
(R1) $3.426
(R2) $3.463
(R3) $3.526

The current support levels are:
(S1) $3.326
(S2) $3.263
(S3) $3.226



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: GWA (GWA.AX)


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

About GWA (ASX:GWA):

GWA Group Limited engages in the research, design, manufacture, import, marketing, and distribution of building fixtures and fittings to residential and commercial premises in Australia, New Zealand, and international markets. It operates through two segments, Bathrooms & Kitchens, and Door & Access Systems. The Bathrooms & Kitchens segment offers vitreous China toilet suites, basins, plastic cisterns, tapware, baths, kitchen sinks, laundry tubs, and bathroom accessories under various brands, including the Caroma, Dorf, Fowler, Stylus, and Clark as well as Schell, Virtu, EMCO, and Sanitron. The Door & Access Systems segment provides door locks and levers under various brands, including Grainsborough, Trilock, TradePro, and Austral Lock, as well as Salto, Lorient, and Eco Schulte. This segment also engages in the supply and maintenance of commercial door systems. GWA Group Limited is headquartered in Eagle Farm, Australia.

Top 10:

Pivot Points

Download
Company Close Change(%) Volume Value Signal
BFC Beston Global Food 0.09 10 383,135 0 BEARISH
ORE Orocobre 2.7 5.9 1,851,831 -0.04 BEARISH
BSL Bluescope Steel 15.21 5.2 2,787,185 -0.01 BEARISH
MCY Mighty River Power 4.65 4.5 3,230 -0.01 BEARISH
AMP AMP 1.95 4.3 12,225,446 0 BEARISH
RAP Resapp Health 0.25 4.2 314,079 0 BEARISH
CGL The Citadel 4.28 3.6 295,936 -0.02 BEARISH
BOQ Bank Of Queensland 7.36 3.5 2,939,047 -0.01 BEARISH
MYX Myx 0.45 3.5 3,638,020 -0.01 BEARISH
PGC Paragon Care 0.45 3.4 104,267 -0.01 BEARISH