Service Stream (SSM)

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Service Stream (SSM): Signals

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Service Stream (SSM.AX)



Signal Strength: MEDIUM

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.

Service Stream (ASX:SSM) current pivot point (Woodie) is:

The current resistance levels are:
(R1) $1.763
(R2) $1.789

The current support levels are:
(S1) $1.728
(S2) $1.719

One of the key differences in calculating Woodies Pivot Point to other pivot points is that the current sessions open price is used in the PP formula with the previous sessions high and low.

Calculation: Woodie Pivot Point:
1) R2 = PP + High – Low;
2) R1 = (2 X PP) – Low;
3) PP = (H + L + 2C) / 4;
4) S1 = (2 X PP) – High;
5) S2 = PP – High + Low – Closing Price – High – Low;

PROFILE: Service Stream (SSM.AX)

Stock Exchange: ASX
Company: Service Stream
Ticker Codes: | SSM.AX | ASX:SSM |

About Service Stream (ASX:SSM):

Service Stream Limited accesses, designs, builds, installs, and maintains networks in Australia. It operates through Fixed Communications, Network Construction, and Energy & Water segments. The Fixed Communications segment provides a range of operations and maintenance, and other works services, such as customer connections and service assurance, as well as asset remediation, augmentation, and relocation to the owners of fixed-line telecommunications networks. The Network Construction segment offers turnkey services, including program management, site acquisition, town planning, design, engineering, and construction management for projects in wireless and fixed-line telecommunications, signaling, and power. The Energy & Water segment provides various metering, in-home, and new energy services to electricity, gas, and water networks; and contact center and workforce management support services. The company offers its services to copper, fiber, HFC, and wireless telecommunications networks, as well as a range of private and public energy and water entities. Service Stream Limited is headquartered in Melbourne, Australia.

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Woodie Pivot Point

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