Signal Strength: MEDIUM
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.
Ipoh (ASX:IPH) current pivot point is: $ 6.873.
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: Ipoh (IPH.AX)
Stock Exchange: ASX
Ticker Codes: | IPH.AX | ASX:IPH |
IPH Limited, together with its subsidiaries, provides intellectual property (IP) services and products. It offers IP services related to the provision of filing, prosecution, enforcement, and management of patents, designs, trademarks, and other IP; and engages in the development and provision of IP data and analytics software under the subscription license model. The company is also involved in data analysis and software business, as well as provides software development and patent attorney services. It serves Fortune Global 500 companies, multinationals, public sector research organizations, SMEs, and professional services firms in Australia, Singapore, Malaysia, Thailand, Indonesia, China, Hong Kong, Germany, and internationally. IPH Limited was founded in 1887 and is based in Sydney, Australia.
|CEN Central Australian Phosphate||6.38||2.4||38,567||0||BEARISH CROSSOVER|
|JHX James Hardie Industries||17.93||2.2||1,446,399||-0.01||BEARISH CROSSOVER|
|MAH Macmahon||0.23||2.2||1,720,944||0||BEARISH CROSSOVER|
|RMD Resmed||14.21||2.2||1,811,144||-0.02||BEARISH CROSSOVER|
|SGM Sims||10.9||1.9||484,112||-0.01||BEARISH CROSSOVER|
|ALL Aristocrat Leisure||24.82||1.7||1,741,686||-0.01||BEARISH CROSSOVER|
|CSL CSL||197.19||1.5||649,090||-0.25||BEARISH CROSSOVER|
|FMG Fortescue Metals||6.59||1.2||11,147,913||-0.04||BEARISH CROSSOVER|
|COH Cochlear||178.89||1.2||133,070||-0.44||BEARISH CROSSOVER|
|CIM Cimic||50.46||1.1||309,800||-0.03||BEARISH CROSSOVER|