Ridley Corporation

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

Demark's Pivot Points

Score

-5.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 105 4.7 0.28% 0.35% 1.5% -2.0% -125.1%
SHORT 104 4.3 0.23% 0.28% 1.8% -1.8% -106.0%

Summary

Technical Analysis

Ridley Corporation (RIC.AX)


Indicator:

DEMARK PIVOT POINT


Signal Strength: MEDIUM
Recommendation:

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


Ridley Corporation (ASX:RIC) current pivot point (DeMark) is:
(R1) $1.123.

The current pivot point (DeMark) is:
(S1) $1.093.



Demark Pivot Points start with a different base and use different formulas for support and resistance. These Pivot Points are conditional on the relationship between the close and the open.

Calculation: Demarks Pivot Points:
1) If Close < Open then X = High + (2 x Low) + Close;
2) If Close > Open then X = (2 x High) + Low + Close;
3) If Close = Open then X = High + Low + (2 x Close) ;
4) Pivot Point (P) = X/4;
5) Support 1 (S1) = X/2 – High;
6) Resistance 1 (R1) = X/2 – Low;


PROFILE: Ridley Corporation (RIC.AX)


Stock Exchange: ASX
Company: Ridley Corporation
Ticker Codes: | RIC.AX | ASX:RIC |

About Ridley Corporation (ASX:RIC):

Ridley Corporation Limited, together with its subsidiaries, provides animal nutrition solutions in Australasia. It operates through two segments, AgriProducts and Property. The company provides its animal nutrition solutions to food producers in dairy, poultry, pig, aquaculture, sheep, and beef industries; laboratory animals in the research sector; and the equine and canine markets in the recreational sector. Its animal meals include meat and bone meal, poultry meal, hydrolysed feather meal, blood meal, fish meal, and animal fats. The company offers its products primarily under the Barastoc, Rumevite, Cobber, and Primo brands. It is also involved in the sale of residual properties. The company was founded in 1987 and is headquartered in Melbourne, Australia.

Top 10:

Demark's Pivot Points

Download
Company Close Change(%) Volume Value Signal
AFL ASX 50 0.18 9.4 520,350 -0.01 BEARISH CROSSOVER
RCT Reef Casino 2.62 6.9 38,587 -0.01 BEARISH CROSSOVER
EDE Eden Energy 0.05 4.7 122,280 0 BEARISH CROSSOVER
CAR Carsales 16.74 4 912,376 -0.08 BEARISH CROSSOVER
BPT Beach Petroleum 2.49 3.8 6,575,446 -0.01 BEARISH CROSSOVER
GTN GTN Resources 0.7 3.7 7,121 0 BEARISH CROSSOVER
PNR Pacific Niugini Minerals 0.14 3.7 2,478,287 0 BEARISH CROSSOVER
EMH European Metals Holdings 0.31 3.3 53,950 0 BEARISH CROSSOVER
BFC Beston Global Food 0.08 2.5 15,244 0 BEARISH CROSSOVER
MIN Mineral Resources 15.48 2.3 922,140 -0.05 BEARISH CROSSOVER