Trading indicator
Camarilla Pivot PointsBacktest 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% |
Trading Performance
Camarilla Pivot Points
Score
-1.2
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 103 | 4.7 | 0.44% | 0.64% | 1.3% | -0.9% | -4.6% |
| SHORT | 105 | 4.3 | 0.34% | 0.47% | 1.1% | -0.9% | -26.7% |
Summary
Technical Analysis
National Storage (NSR.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.
National Storage (ASX:NSR) current pivot point Camarilla is: $1.803.
The current resistance levels are: (R1) $1.95
(R2) $2.101
(R3) $2.251
(R4) $2.702
The current support levels are: (S1) $1.65
(S2) $1.5
(S3) $1.349
(S4) $0.899
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: National Storage (NSR.AX)
Stock Exchange: ASX
Company: National Storage
Ticker Codes: | NSR.AX | ASX:NSR |
National Storage is one of the largest self-storage providers in Australia and New Zealand, with 127 centres providing tailored storage solutions to over 40,000 residential and commercial customers across Australia and New Zealand. NSR is the first independent, internally managed and fully integrated owner and operator of self-storage centres to be listed on the Australian Securities Exchange (ASX).
Top 10:
Camarilla Pivot Points
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| MND Monadelphous | 18.87 | 1.5 | 419,189 | -0.01 | BEARISH CROSSOVER |
| PGC Paragon Care | 0.42 | 1.2 | 267,357 | 0 | BEARISH CROSSOVER |
| JBH Jb Hi-Fi | 26.05 | 0.6 | 650,710 | -0.02 | BEARISH CROSSOVER |
| MIN Mineral Resources | 15.07 | 0.3 | 966,297 | -0.06 | BEARISH CROSSOVER |
| LEP Ale Property | 5.1 | 0.2 | 66,869 | -0.03 | BEARISH CROSSOVER |
| GNC Graincorp | 8.08 | 0.1 | 542,082 | -0.04 | BEARISH CROSSOVER |
| ORA Orora | 3.23 | 0 | 5,643,111 | 0 | BEARISH CROSSOVER |
| MNS Milnes Holdings | 0.18 | 0 | 1,544,638 | -0.01 | BEARISH CROSSOVER |
| AMH Amcil | 0.88 | 0 | 83,382 | 0 | BEARISH CROSSOVER |
| FOR Forager Australian Shares | 1.15 | 0 | 11,001 | 0 | BEARISH CROSSOVER |