Lindsay Australia

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%

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Trading Performance

Camarilla Pivot Points

Score

-3.9

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 62 5.5 0.27% 0.32% 1.8% -2.5% -101.6%
SHORT 62 8.2 0.39% 0.53% 1.7% -2.9% -88.4%

Summary

Technical Analysis

Lindsay Australia (LAU.AX)


Indicator:

CAMARILLA PIVOT POINT


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Lindsay Australia (ASX:LAU) current pivot point Camarilla is: $0.327.

The current resistance levels are: (R1) $0.352
(R2) $0.38
(R3) $0.407
(R4) $0.489

The current support levels are: (S1) $0.298
(S2) $0.271
(S3) $0.243
(S4) $0.162



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: Lindsay Australia (LAU.AX)


Stock Exchange: ASX
Company: Lindsay Australia
Ticker Codes: | LAU.AX | ASX:LAU |

About Lindsay Australia (ASX:LAU):

Lindsay Australia Limited provides transport, logistics, and rural supply services to the food processing, food services, fresh produce, rural, and horticultural sectors in Australia. It operates through Transport and Rural segments. The Transport segment is involved in the cartage of general and refrigerated products, and ancillary sales. The Rural segment sells and distributes a range of agricultural supply products. Lindsay Australia Limited is headquartered in Acacia Ridge, Australia.

Top 10:

Camarilla Pivot Points

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Company Close Change(%) Volume Value Signal
DNA Donaco International 0.11 4.8 2,736,673 0 BEARISH
MLD Maca 0.93 2.2 714,054 0 BEARISH
DCN Dacian Gold 0.6 1.7 3,860,156 -0.01 BEARISH
MYS Mystate 4.47 1.6 72,359 0 BEARISH
AMC Amcor 15.78 1.5 5,980,593 -0.02 BEARISH
ATL ASX 20 0.39 1.3 260,649 0 BEARISH
SRV Servcorp 3.78 1.3 27,037 -0.01 BEARISH
ZEL Zeolite Australia 5.8 0.7 8,775 -0.02 BEARISH
CKF Collins Foods 7.67 0.7 249,776 -0.06 BEARISH
EQT Equity Trustees 28.04 0.7 17,728 -0.19 BEARISH