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%

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Trading Performance

Camarilla Pivot Points

Score

-5.4

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 103 4.4 0.28% 0.35% 1.8% -2.8% -186.7%
SHORT 103 4.6 0.21% 0.25% 1.7% -2.0% -142.8%

Summary

Technical Analysis

Nzme (NZM.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.


Nzme (ASX:NZM) current pivot point Camarilla is: $0.487.

The current resistance levels are: (R1) $0.521
(R2) $0.561
(R3) $0.602
(R4) $0.724

The current support levels are: (S1) $0.439
(S2) $0.399
(S3) $0.358
(S4) $0.237



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: Nzme (NZM.AX)


Stock Exchange: ASX
Company: Nzme
Ticker Codes: | NZM.AX | ASX:NZM |

About Nzme (ASX:NZM):

NZME Limited, together with its subsidiaries, operates as an integrated media and entertainment company in New Zealand. It is involved in the integrated print, radio, digital media, entertainment, advertising, and events activities, as well as e-commerce business. NZME Limited was formerly known as Wilson & Horton Limited. The company is based in Auckland, New Zealand. NZME Limited is a subsidiary of Australian Provincial Newspapers International Pty Limited.

Top 10:

Camarilla Pivot Points

Download
Company Close Change(%) Volume Value Signal
NWS News Corporation 19.94 3.2 336,418 -0.02 BEARISH
NAN Nanosonics 5.74 2.5 4,410,088 -0.07 BEARISH
SUL Super Cheap Auto 9.04 2.5 1,847,243 -0.05 BEARISH
SGM Sims 10.37 1.5 1,213,014 -0.01 BEARISH
AST Ausnet Services 1.98 1.3 9,833,225 0 BEARISH
GDI GDI Property 1.43 1.1 1,540,771 -0.01 BEARISH
UOS United Overseas Australia 0.75 0.7 75,396 0 BEARISH
CIP Centuria Industrial 3.1 0.6 1,158,109 0 BEARISH
CGF Challenger Financial Services 6.46 0.5 4,492,153 -0.01 BEARISH
SSM Service Stream 2.68 0.4 2,491,950 -0.01 BEARISH