Stockland

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

Pivot Points

Score

0.45

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 108 4.4 0.51% 0.87% 1.3% -1.1% 1.9%
SHORT 108 4.3 0.50% 0.87% 1.4% -1.0% 10.5%

Summary

Technical Analysis

Stockland (SGP.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.


Stockland (ASX:SGP) current pivot point is: $ 4.328.
The current resistance levels are:
(R1) $4.351
(R2) $4.383
(R3) $4.406

The current support levels are:
(S1) $4.296
(S2) $4.273
(S3) $4.241



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: Stockland (SGP.AX)


Stock Exchange: ASX
Company: Stockland
Ticker Codes: | SGP.AX | ASX:SGP |

About Stockland (ASX:SGP):

Stockland (ASX: SGP) was founded in 1952 and has grown to become Australia's largest diversified property group ? owning, developing and managing a large portfolio of shopping centres, residential communities, logistic centres, business parks, office assets and retirement living villages. Stockland is rated as one of the most sustainable real estate companies in the world by the Dow Jones Sustainability World Index (DJSI). Stockland is also an Employer of Choice for Gender Equality, as recognised by the Workplace Gender Equality Agency.

Top 10:

Pivot Points

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Company Close Change(%) Volume Value Signal
RBL Rib Loc 1 2.6 427,570 0 BEARISH CROSSOVER
AGL AGL Energy 19.88 1.6 2,826,866 -0.08 BEARISH CROSSOVER
RXP Rxp Services 0.45 1.1 143,782 0 BEARISH CROSSOVER
TNE Technology One 7.75 0.9 1,941,034 -0.03 BEARISH CROSSOVER
TPE Tpi Enterprises 1.11 0.9 108,114 -0.01 BEARISH CROSSOVER
APA Australian Pipeline Trust 11.27 0.9 2,315,698 -0.01 BEARISH CROSSOVER
XUJ ASX 200 Utilities 8344.1 0.7 0 -9.33 BEARISH CROSSOVER
SDF Steadfast 3.42 0.6 2,312,923 0 BEARISH CROSSOVER
PME Pro Medicus 24.02 0.6 264,279 -0.1 BEARISH CROSSOVER
CBA Commonwealth Bank 80.19 0.5 2,277,090 -0.01 BEARISH CROSSOVER