Ramelius Resources

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

Demark's Pivot Points

Score

-3.75

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 114 4.1 0.32% 0.42% 3.4% -2.7% -115.1%
SHORT 113 4.2 0.35% 0.46% 1.9% -3.2% -190.0%

Summary

Technical Analysis

Ramelius Resources (RMS.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.


Ramelius Resources (ASX:RMS) current pivot point (DeMark) is:
(R1) $0.883.

The current pivot point (DeMark) is:
(S1) $0.848.



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: Ramelius Resources (RMS.AX)


Stock Exchange: ASX
Company: Ramelius Resources
Ticker Codes: | RMS.AX | ASX:RMS |

About Ramelius Resources (ASX:RMS):

Ramelius Resources Limited, together with its subsidiaries, engages in the exploration, mine development and operation, and production and sale of gold in Australia. The company holds interest in the Mt Magnet gold project located within the north-south striking Meekatharra-Mt Magnet greenstone belt of the Western Australian Murchison province; and the Vivien gold deposit located to the west of the town of Leinster in Western Australia. It also has interests in the Water Tank Hill/St George deposits in Western Australia; the Coogee gold project in Western Australia; the Kathleen Valley gold project in Western Australia; and the Tanami joint venture gold project in Northern Territory; and the exploration permit for minerals holdings in north Queensland. Ramelius Resources Limited is headquartered in East Perth, Australia.

Top 10:

Demark's Pivot Points

Download
Company Close Change(%) Volume Value Signal
ATL ASX 20 0.65 9.2 415,156 0.01 BULLISH
DNA Donaco International 0.08 9.2 4,579,010 0 BULLISH
MTO Moto Goldmines 1.34 4.7 78,748 0.02 BULLISH
DFM Dongfang Modern Agriculture 0.88 4.1 241,557 0.01 BULLISH
DDR Dicker Data 5.16 4 280,998 0.04 BULLISH
CCV Cash Converters International 0.17 3 378,531 0 BULLISH
GOR Gold Road Resources 1.1 2.8 3,737,117 0 BULLISH
MCP Mcphersons 1.33 2.7 44,614 0.01 BULLISH
CDV Cardinal Resources 0.38 2.7 68,845 0.01 BULLISH
SLR Silver Lake Resources 0.81 2.5 3,269,556 0 BULLISH