Karoon Gas Australia (KAR.AX)
CAMARILLA PIVOT POINT
Signal Strength: MEDIUM
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.
Karoon Gas Australia (ASX:KAR) current pivot point Camarilla is: $0.888.
The current resistance levels are: (R1) $0.954
The current support levels are: (S1) $0.806
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: Karoon Gas Australia (KAR.AX)
Stock Exchange: ASX
Company: Karoon Gas Australia
Ticker Codes: | KAR.AX | ASX:KAR |
Karoon Gas Australia Ltd operates as an oil and gas exploration company in Australia, Brazil, and Peru. It has a working interest in two off-shore permits in the Browse and Carnarvon basins located to the north Western Australian coastline covering a combined area of 15,492 square kilometers. The company also holds working interest in five offshore blocks in the Santos Basin located in the State of Santa Catarina covering an area of 549 square kilometers. In addition, the company has a working interest in an off-shore block in the Tumbes Basin located approximately to the north-west coast of Peru covering an area of 4,750 square kilometers. The company was incorporated in 2003 and is headquartered in Mount Martha, Australia.
Camarilla Pivot PointsDownload
|SMX Sms Management & Technology||0.32||10.3||22,277||0||BEARISH|
|FBR Fastbrick Robotics||0.12||4.3||781,711||0||BEARISH|
|MLX Metals X||0.39||4||985,823||-0.01||BEARISH|
|RFF Rural Funds||2.25||2.7||272,833||-0.08||BEARISH|
|SLK Sealink Travel||4.2||2.4||15,536||-0.01||BEARISH|
|RHL Ruralco Holdings||3.09||2.3||46,088||0||BEARISH|