Telstra Corporation

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%



Code Company Date Close Change Indicator Value Signal

Trading Performance

Woodie Pivot Point



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 112 4.8 0.41% 0.64% 1.7% -1.2% -6.4%
SHORT 113 3.6 0.39% 0.59% 1.8% -1.2% -9.1%


Technical Analysis

Telstra Corporation (TLS.AX)



Signal Strength: MEDIUM

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

Telstra Corporation (ASX:TLS) current pivot point (Woodie) is:

The current resistance levels are:
(R1) $3.703
(R2) $3.744

The current support levels are:
(S1) $3.638
(S2) $3.614

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: Telstra Corporation (TLS.AX)

Stock Exchange: ASX
Company: Telstra Corporation
Ticker Codes: | TLS.AX | ASX:TLS |

About Telstra Corporation (ASX:TLS):

Telstra Corporation Limited provides telecommunications and information services to businesses, governments, communities, and individuals in Australia and internationally. The company conducts its operations through Telstra Retail, Global Enterprise and Services, Telstra Wholesale, and Telstra Operations segments. It offers telecommunication products, services, and solutions across mobiles, fixed and mobile broadband, telephony and pay television/Internet protocol television, and digital content; online self-service capabilities, such as browsing, buying, billing, and service requests; and sales and contract management services. The company also operates inbound and outbound call centers, owned and licensed Telstra shops, and the Telstra dealership network; and develops industry vertical solutions. In addition, it provides product management services for advanced technology solutions and services comprising data and Internet protocol networks; and network application and service products, such as managed network, unified communications, cloud, industry solutions, and integrated services. Further, the company offers a range of telecommunication products and services to other carriers, carriage service providers, and Internet service providers through its networks and associated support systems. Additionally, it provides Telstra Smart Home, which together with the Telstra Smart Home App combines and connects a range of home devices, including lights, motion sensors, cameras, and smart plugs; and Telstra Health software that enables healthcare providers to better connect with their patients and each other to enhance the quality, safety, and efficiency of the health, aged and community care, and disability sectors. The company was formerly known as Australian and Overseas Telecommunications Corporation Limited and changed its name to Telstra Corporation Limited in April 1993. Telstra Corporation Limited was founded in 1901 and is based in Melbourne, Australia.

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