Terramin Australia

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

-3.0

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 39 10.1 0.28% 0.30% 3.2% -5.5% -167.4%
SHORT 38 10.7 0.39% 0.47% 2.3% -3.6% -80.2%

Summary

Technical Analysis

Terramin Australia (TZN.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.


Terramin Australia (ASX:TZN) current pivot point (DeMark) is:
(R1) $0.085.

The current pivot point (DeMark) is:
(S1) $0.084.



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: Terramin Australia (TZN.AX)


Stock Exchange: ASX
Company: Terramin Australia
Ticker Codes: | TZN.AX | ASX:TZN |

About Terramin Australia (ASX:TZN):

Terramin Australia Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of base and precious metals, and other economic mineral deposits in Australia and internationally. The company primarily explores for zinc, lead, gold, copper, and rare earth elements. Its flagship project is the Tala Hamza zinc project located on the Mediterranean coast in Algeria. The company was incorporated in 1993 and is based in Fullarton, Australia.

Top 10:

Demark's Pivot Points

Download
Company Close Change(%) Volume Value Signal
CSV CSG 0.17 26.9 1,235,815 0 BULLISH CROSSOVER
ADA Adacel Technologies 0.68 22.5 435,672 0.03 BULLISH CROSSOVER
PNR Pacific Niugini Minerals 0.2 21.2 8,666,174 0.01 BULLISH CROSSOVER
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