Smartgroup

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

1.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 117 4.0 0.45% 0.82% 2.7% -1.3% 60.0%
SHORT 118 4.2 0.52% 1.02% 2.2% -1.7% 33.3%

Summary

Technical Analysis

Smartgroup (SIQ.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.


Smartgroup (ASX:SIQ) current pivot point is: $ 11.18.
The current resistance levels are:
(R1) $11.275
(R2) $11.4
(R3) $11.495

The current support levels are:
(S1) $11.055
(S2) $10.96
(S3) $10.835



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: Smartgroup (SIQ.AX)


Stock Exchange: ASX
Company: Smartgroup
Ticker Codes: | SIQ.AX | ASX:SIQ |

About Smartgroup (ASX:SIQ):

Smartgroup Corporation Ltd provides specialist employee management services to government, health, and corporate sectors in Australia. It operates through Outsourced Administration (OA); Vehicle Services (VS); and Software, Distribution, and Group Services (SDGS) segments. The OA segment offers outsourced salary packaging services, novated leasing, share plan administration, and outsourced payroll services. The VS segment provides end-to-end fleet management services. The SDGS segment offers salary packaging software solutions and workforce management software; and engages in the marketing of salary packaging debit cards and distribution of vehicle insurances. Smartgroup Corporation Ltd was founded in 1999 and is headquartered in Sydney, Australia.

Top 10:

Pivot Points

Download
Company Close Change(%) Volume Value Signal
CYB Cybg 2.74 9.6 11,534,033 0.02 BULLISH
MEZ Meridian Energy 5.02 3.9 18,492 0 BULLISH
MCP Mcphersons 2.45 3.4 90,280 0.01 BULLISH
INA Ingenia Communities 4.37 3.3 432,270 0.01 BULLISH
MCY Mighty River Power 5.23 2.5 1,356 0.06 BULLISH
VTG Vita 1.22 2.5 258,773 0.02 BULLISH
NBL Noni B 2.6 2.4 89,117 0 BULLISH
AEF Australian Ethical Investments 2.6 2.4 33,730 0.01 BULLISH
AQZ Alliance Aviation Services 2.6 2 336,379 0.01 BULLISH
VOC Vocus Communications 3.57 2 1,183,118 0.01 BULLISH