What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
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?

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Pivot Points

Score

-0.75

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 117 3.6 0.45% 0.74% 2.0% -2.4% -65.0%
SHORT 116 4.6 0.45% 0.72% 2.8% -2.0% 5.8%

Summary

Technical Analysis

Pact (PGH.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.


Pact (ASX:PGH) current pivot point is: $ 2.763.
The current resistance levels are:
(R1) $2.806
(R2) $2.863
(R3) $2.906

The current support levels are:
(S1) $2.706
(S2) $2.663
(S3) $2.606



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: Pact (PGH.AX)


Stock Exchange: ASX
Company: Pact
Ticker Codes: | PGH.AX | ASX:PGH |

About Pact (ASX:PGH):

Pact Group Holdings Ltd manufactures and supplies rigid plastics and metal packaging in Australia, New Zealand, China, the Philippines, Singapore, Indonesia, Thailand, and the United States. The company operates in two segments, Pact Australia and Pact International. It primarily converts plastic resin and steel into rigid packaging and other products for customers in the food and beverage, personal care, household consumer, industrial and chemical, materials handling, infrastructure, agricultural, and other sectors. The company's products comprise yoghurt containers, cream and ice-cream containers, milk and beverage bottles, margarine tubs, food jars, meat and bakery trays, cubes, pails, tubes and cartridges, bottle caps and closures, and other customized packaging; steel drums, tinplate pails, and other metal containers; and plastic material handling, industrial, and technical products, as well as sustainability products and services. In addition, it offers materials handling solutions and associated services; contract manufacturing services for pharmaceutical and aerosol based products; recycling services; and crate pooling and hire services. Pact Group Holdings Ltd was founded in 2002 and is headquartered in Richmond, Australia.

Top 10:

Pivot Points

Download
Company Close Change(%) Volume Value Signal
CDP Carindale Property Trust 6.45 8.4 1,646 0.01 BULLISH
AGG Anglogold Ashanti 5.92 3.5 4,336 0.03 BULLISH
OVH Onevue Holdings 0.38 2.7 230,685 0.01 BULLISH
GEM G8 Education 1.9 2.7 3,540,980 0.02 BULLISH
GOR Gold Road Resources 1.2 2.6 3,596,146 0 BULLISH
SLR Silver Lake Resources 1.19 2.6 7,842,549 0.07 BULLISH
AHY Asaleo Care 1.03 2.5 270,511 0.01 BULLISH
FLT Flight Centre 43.32 2.2 1,122,010 0.12 BULLISH
APE Ap Eagers Holdings 9.53 2 467,291 0.18 BULLISH
AWC Alumina 2.3 1.8 9,069,617 0 BULLISH