Candlestick Daily volume index Bar reversal Edit

Backtest 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%

What indicators would you like to backtest?

Trading Performance

Pivot Points

Score

-0.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 50 7.8 0.42% 0.72% 2.9% -1.7% 10.3%
SHORT 49 8.1 0.41% 0.63% 1.7% -1.6% -17.5%

Summary

Technical Analysis

Navitas (NVT.AX)


Indicator:

PIVOT POINT


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Navitas (ASX:NVT) current pivot point is: $ 5.82.
The current resistance levels are:
(R1) $5.82
(R2) $5.82
(R3) $5.82

The current support levels are:
(S1) $5.82
(S2) $5.82
(S3) $5.82



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: Navitas (NVT.AX)


Stock Exchange: ASX
Company: Navitas
Ticker Codes: | NVT.AX | ASX:NVT |

About Navitas (ASX:NVT):

Navitas Limited provides educational services for students and professionals in Australia, the United Kingdom, Europe, Asia, Canada, the United States, and internationally. It operates through University Partnerships and Careers & Industry segments. The University Partnerships segment offers pre-university and university pathway programs that focus on providing pre and first-year university courses to international students who do not qualify for direct entry to partner universities due to either language or academic record. The Careers & Industry segment delivers education programs in the area of creative media, including audio, film, and multimedia courses; and English language tuition and jobs skills training services, as well as higher and vocational education services in health, security, and psychology. The company was founded in 1994 and is headquartered in Perth, Australia.

Top 10:

Pivot Points

Download
Company Close Change(%) Volume Value Signal
CVW Clearview Wealth 0.75 7.1 13,250 -0.07 BEARISH
BRG Breville 17.01 6 294,665 0 BEARISH
PLS Pilbara Minerals 0.52 5.1 41,811,118 -0.01 BEARISH
BNO Bionomics 0.04 5 864,088 -0.01 BEARISH
EVO Evolve Education 0.13 4.2 297,800 0 BEARISH
RXP Rxp Services 0.45 3.5 92,787 -0.01 BEARISH
WAF West African Resources 0.35 2.9 2,897,491 -0.02 BEARISH
CIP Centuria Industrial 3.23 2.5 401,885 -0.03 BEARISH
PMC Platinum Capital 1.68 2.1 109,901 -0.11 BEARISH
IEL IDP Education 18.38 1.9 502,187 -0.02 BEARISH