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: $5.987.
The current resistance levels are: (R1) $6.539
The current support levels are: (S1) $5.541
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
|LVH Livehire||0.54||13.8||277,135||0.02||BULLISH CROSSOVER|
|MIN Mineral Resources||15.81||10.6||2,899,146||0.34||BULLISH CROSSOVER|
|EDE Eden Energy||0.07||9.7||2,972,125||0||BULLISH CROSSOVER|
|RAP Resapp Health||0.12||9.1||1,276,523||0||BULLISH CROSSOVER|
|HFR Highfield Resources||0.69||5.4||91,323||0.01||BULLISH CROSSOVER|
|VOC Vocus Communications||3.35||5.3||3,852,847||0.05||BULLISH CROSSOVER|
|AGG Anglogold Ashanti||3.45||5.2||57,115||0.03||BULLISH CROSSOVER|
|CIA Champion Iron||1.23||4.7||7,855||0.02||BULLISH CROSSOVER|
|RSG Resolute Mining||1.11||4.7||5,482,309||0.02||BULLISH CROSSOVER|
|GXY Galaxy Resources||2.56||4.5||1,231,824||0.05||BULLISH CROSSOVER|