Smartgroup

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

Pivot Points

Score

1.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 116 4.0 0.47% 0.84% 2.4% -1.2% 48.8%
SHORT 117 4.2 0.49% 0.90% 2.2% -1.6% 23.7%

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: $ 9.117.
The current resistance levels are:
(R1) $9.194
(R2) $9.277
(R3) $9.354

The current support levels are:
(S1) $9.034
(S2) $8.957
(S3) $8.874



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
AQG Alacer Gold Corp 4.42 8.6 637,521 -0.02 BEARISH
DNA Donaco International 0.11 5 843,519 0 BEARISH
SRV Servcorp 3.51 2.3 97,076 -0.02 BEARISH
WPL Woodside Petroleum 35.03 1.9 2,297,985 -0.04 BEARISH
COE Cooper Energy 0.54 1.9 4,193,921 0 BEARISH
SSM Service Stream 2.5 1.6 2,053,882 -0.01 BEARISH
TGA Thorn 0.33 1.6 342,652 0 BEARISH
OSH Oil Search 7 1.4 3,999,092 -0.02 BEARISH
BTI Bailador Technology Investments 0.94 1.1 31,600 0 BEARISH
ORG Origin Energy 7.02 1 5,692,109 -0.02 BEARISH