CAMARILLA PIVOT POINT
Signal Strength: MEDIUM
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.
Nufarm (ASX:NUF) current pivot point Camarilla is: $5.823.
The current resistance levels are: (R1) $6.285
The current support levels are: (S1) $5.315
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: Nufarm (NUF.AX)
Stock Exchange: ASX
Ticker Codes: | NUF.AX | ASX:NUF |
Nufarm Limited, together with its subsidiaries, manufactures and sells crop protection products in Australia, New Zealand, Asia, Europe, North America, Latin America, and internationally. It operates through two segments, Crop Protection and Seed Technologies. The company offers herbicides, insecticides, fungicides, and plant growth regulators to protect crops from damage caused by weeds, pests, and diseases. It also provides seeds and seed treatment products; and engages in croplands equipment business. The company is headquartered in Laverton North, Australia.
Camarilla Pivot PointsDownload
|DNA Donaco International||0.17||3||152,105||0||BEARISH|
|FRI Finbar International||0.84||1.2||53,776||0||BEARISH|
|KDR Kidman Resources||0.92||1.1||1,504,194||0||BEARISH|
|DDR Dicker Data||2.95||1||56,851||-0.01||BEARISH|
|PLS Pilbara Minerals||0.79||0.6||3,417,030||-0.01||BEARISH|
|PIC Perpetual Equity Investment||1.09||0.5||574,574||-0.01||BEARISH|
|NVL National Veterinary Care||2.16||0.5||11,253||-0.01||BEARISH|
|CAB Cabcharge Australia||2.15||0.5||115,130||-0.01||BEARISH|
|VLW Villa World||2.01||0.5||271,994||0||BEARISH|