Nine Entertainment current pivot point is: $ 2.2.
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: Nine Entertainment (NEC.AX)
Stock Exchange: ASX
Company: Nine Entertainment
Ticker Codes: | NEC.AX | ASX:NEC |
Nine Entertainment Co. Holdings Limited engages in television broadcasting and program production businesses in Australia. It operates through Television and Digital segments. The company is involved in creation and distribution of content; and digital, internet, subscription television, other media sectors, and free to air television activities. It also sells advertising products; and provides advertising solutions. The company offers its services under the Nine Network Television brand name that includes Channel 9 and 9HD, as well as 9Go!, 9Gem, 9Life, and 9NOW. It also provides its services under Nine digital brand that comprises nine.com.au network, an online source of news, sport, entertainment, and lifestyle content; and 9Honey for women. Nine Entertainment Co. Holdings Limited was founded in 1956 and is based in Willoughby, Australia.
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