Saracen Mineral

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

-0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 123 3.7 0.48% 0.84% 3.3% -2.2% 42.9%
SHORT 124 4.1 0.45% 0.73% 2.4% -2.3% -45.3%

Summary

Technical Analysis

Saracen Mineral (SAR.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.


Saracen Mineral (ASX:SAR) current pivot point (DeMark) is:
(R1) $4.305.

The current pivot point (DeMark) is:
(S1) $4.075.



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: Saracen Mineral (SAR.AX)


Stock Exchange: ASX
Company: Saracen Mineral
Ticker Codes: | SAR.AX | ASX:SAR |

About Saracen Mineral (ASX:SAR):

Saracen Mineral Holdings Limited engages in the gold mining business in Australia. It also explores for nickel deposits. The company holds 100% interest in the Carosue Dam operations located in north-east of Kalgoorlie, Western Australia. It also holds interests in Thunderbox operations located in the Yandal belt and the Agnew-Wiluna belt in the North Eastern Goldfields of Western Australia. Saracen Mineral Holdings Limited is headquartered in Perth, Australia.

Top 10:

Demark's Pivot Points

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Company Close Change(%) Volume Value Signal
UOS United Overseas Australia 0.8 9.6 110,847 0.02 BULLISH
ABC Adelaide Brighton 3.06 6.3 4,642,840 0.01 BULLISH
CDV Cardinal Resources 0.37 5.7 3,362,217 0.01 BULLISH
PSQ Pacific Smiles 1.93 4.9 23,436 0.02 BULLISH
AQG Alacer Gold Corp 7.7 4.6 226,257 0.06 BULLISH
RKN Reckon 0.72 4.3 13,322 0.01 BULLISH
IMF IMF 4.34 3.6 1,156,995 0.06 BULLISH
GAP Gale Pacific 0.17 3.1 400,120 0 BULLISH
MYX Myx 0.33 3.1 5,169,246 0 BULLISH
TWE Treasury Wine Estates 11.29 2.5 4,865,294 0.04 BULLISH