# Ale Property (LEP)

#### Ale Property (LEP): Signals

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TECHNICAL ANALYSIS SUMMARY

Ale Property (LEP.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.

Ale Property (ASX:LEP) current pivot point Camarilla is: \$4.76.

The current resistance levels are: (R1) \$5.157
(R2) \$5.553
(R3) \$5.95
(R4) \$7.14

The current support levels are: (S1) \$4.363
(S2) \$3.967
(S3) \$3.57
(S4) \$2.38

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: Ale Property (LEP.AX)

Stock Exchange: ASX
Company: Ale Property
Ticker Codes: | LEP.AX | ASX:LEP |

ALE Property Group (ASX:LEP) is the owner of Australia's largest portfolio of freehold pub properties. Established in November 2003, ALE owns a portfolio of around 86 pub properties across the five mainland states of Australia. All of the properties are leased to Australian Leisure and Hospitality Group Limited (ALH) for an average initial term of around a further 13 years.

Top 10:

Camarilla Pivot Points

Company Close Change (%) Volume Value Signal
EMH European Metals Holdings 0.4 14.3 44,010 0 NEUTRAL
RSG Resolute Mining 1.15 6.5 9,128,506 0 NEUTRAL
FWD Fleetwood 1.8 5.6 420,408 0 NEUTRAL
SGM Sims 11.66 4.7 1,667,336 0 NEUTRAL
MVP Medical Developments 3.96 2.9 66,086 0 NEUTRAL
OZL Oz Minerals 10.53 2.7 2,766,640 0 NEUTRAL
SMN Structural Monitoring Systems 0.95 2.2 3,983 0 NEUTRAL
DTL Data#3 1.64 2.2 169,028 0 NEUTRAL
ATM Aneka Tambang 0.96 2.1 1,000 0 NEUTRAL
NCM Newcrest Mining 25.44 1.9 6,431,732 0 NEUTRAL