Signal Strength: MEDIUM
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.
Imdex (ASX:IMD) current pivot point is: $ 1.034.
The current resistance levels are:
The current support levels are:
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: Imdex (IMD.AX)
Stock Exchange: ASX
Ticker Codes: | IMD.AX | ASX:IMD |
Imdex Limited engages in the minerals business worldwide. The company engages in the manufacture, sale, and rental of down hole instrumentation, drilling fluids and chemicals, solids removal technologies, and related equipment, as well as the provision of cloud-based data management solutions to the mining and mineral exploration industry. It also provides data solutions and geo-analytics services under the AMC and REFLEX brands to exploration, development, and production companies in the minerals sectors. The company was formerly known as Pilbara Gold NL and changed its name to Imdex Limited in July 1985. Imdex Limited was incorporated in 1980 and is headquartered in Balcatta, Australia.
|FSA FSA||1.13||6.1||36,905||0||BEARISH CROSSOVER|
|FIG Freedom Insurance||0.02||4.8||45,729||0||BEARISH CROSSOVER|
|FXL Flexigroup||1.36||4.6||589,705||-0.02||BEARISH CROSSOVER|
|PSQ Pacific Smiles||1.36||3.8||35,462||0||BEARISH CROSSOVER|
|BTI Bailador Technology Investments||0.79||3.3||77,272||0||BEARISH CROSSOVER|
|MMS Mcmillan Shakespeare||14.83||3.3||495,548||-0.03||BEARISH CROSSOVER|
|BSL Bluescope Steel||12.47||3||1,910,614||-0.09||BEARISH CROSSOVER|
|AWC Alumina||2.42||2.5||9,195,742||-0.04||BEARISH CROSSOVER|
|LIC Lifestyles Communities||5.32||2.3||53,716||-0.01||BEARISH CROSSOVER|
|JBH Jb Hi-Fi||21.6||2.3||338,382||-0.04||BEARISH CROSSOVER|