CAMARILLA PIVOT POINT
Signal Strength: MEDIUM
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.
Inghams (ASX:ING) current pivot point Camarilla is: $4.273.
The current resistance levels are: (R1) $4.606
The current support levels are: (S1) $3.894
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: Inghams (ING.AX)
Stock Exchange: ASX
Ticker Codes: | ING.AX | ASX:ING |
Inghams Group Limited, together with its subsidiaries, produces and sells poultry in Australia and New Zealand. It is involved in the production and sale of chicken and turkey products; and stock feed for use by the poultry, pig, dairy, and equine industries. Inghams Group Limited was founded in 1918 and is based in North Ryde, Australia.
Camarilla Pivot PointsDownload
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|RAP Resapp Health||0.12||4.5||1,368,870||-0.02||BEARISH CROSSOVER|
|SHM Shriro||0.61||4.3||232,582||-0.07||BEARISH CROSSOVER|
|SLR Silver Lake Resources||0.49||3.2||1,676,572||0||BEARISH CROSSOVER|
|JIN Jin||7.63||3.1||102,369||-0.02||BEARISH CROSSOVER|
|SHV Select Harvests||5.59||2.6||75,239||-0.02||BEARISH CROSSOVER|
|FXJ Fairfax||0.61||2.5||16,683,313||-0.01||BEARISH CROSSOVER|
|NEA Nearmap||1.49||2.1||2,465,897||-0.01||BEARISH CROSSOVER|
|BLA Blue Sky||1.01||2||448,174||-0.02||BEARISH CROSSOVER|