Seven Holdings

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

Demark's Pivot Points

Score

0.85

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 123 4.0 0.46% 0.80% 3.0% -1.6% 57.5%
SHORT 121 4.0 0.43% 0.73% 2.6% -1.8% 8.1%

Summary

Technical Analysis

Seven Holdings (SVW.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.


Seven Holdings (ASX:SVW) current pivot point (DeMark) is:
(R1) $18.47.

The current pivot point (DeMark) is:
(S1) $18.15.



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: Seven Holdings (SVW.AX)


Stock Exchange: ASX
Company: Seven Holdings
Ticker Codes: | SVW.AX | ASX:SVW |

About Seven Holdings (ASX:SVW):

Seven Group Holdings Limited engages in heavy equipment sales and service, equipment hire, media, broadcasting, and energy assets businesses in Australia and the United States. It operates through WesTrac Australia, AllightSykes, Coates Hire, Media Investments, Energy, and Other Investments segments. The company operates as a caterpillar dealer providing heavy equipment sales and support services in Western Australia, New South Wales, and the Australian Capital Territory. It also manufactures, assembles, sells, and supports lighting, power generation, and dewatering equipment to mining, construction, and industrial customers; distributes Perkins engines; and provides equipment hiring services, including a range of general and specialist equipment for various markets, such as engineering, building construction and maintenance, mining and resources, manufacturing, government, and events. In addition, the company invests in television, content production, digital, and magazine and newspaper publishing businesses; and direct and indirect property holdings, as well as in oil and gas assets in energy sector. Seven Group Holdings Limited is headquartered in Pyrmont, Australia.

Top 10:

Demark's Pivot Points

Download
Company Close Change(%) Volume Value Signal
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PRU Perseus Mining 0.61 21 11,469,507 0.02 BULLISH CROSSOVER
WAF West African Resources 0.33 16.1 4,518,149 0.01 BULLISH CROSSOVER
RMS Ramelius Resources 0.77 15.9 8,313,251 0.02 BULLISH CROSSOVER
MOY Millennium Minerals 0.07 15.8 5,801,793 0 BULLISH CROSSOVER
AJM Altura Mining 0.11 14.6 11,815,602 0 BULLISH CROSSOVER
RSG Resolute Mining 1.19 10.2 15,246,642 0.02 BULLISH CROSSOVER
CII Ci Resources 1.5 8.7 25,410 0.03 BULLISH CROSSOVER