Wisetech Global

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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Demark's Pivot Points

Score

0.45

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 118 3.7 0.54% 1.14% 3.0% -2.5% 49.2%
SHORT 120 4.3 0.41% 0.68% 3.9% -2.8% -10.9%

Summary

Technical Analysis

Wisetech Global (WTC.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.


Wisetech Global (ASX:WTC) current pivot point (DeMark) is:
(R1) $24.315.

The current pivot point (DeMark) is:
(S1) $23.455.



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: Wisetech Global (WTC.AX)


Stock Exchange: ASX
Company: Wisetech Global
Ticker Codes: | WTC.AX | ASX:WTC |

About Wisetech Global (ASX:WTC):

WiseTech Global Limited provides cloud-based software solutions to the logistics industry worldwide. The company develops, sells, and implements software solutions that enable logistics service providers to facilitate the movement and storage of goods and information. It primarily offers CargoWise One, a single-platform software solution to enhance the productivity and integration, automation, and communication with the supply chain. The company's CargoWise One platform offers solutions for freight forwarding, customs clearance, liner and agency, container freight station, warehousing, land transport, track and trace, and geo compliance, as well as for enterprise capabilities, including accounting, integration, customer relationship management, human resources management, workflow, integrated messaging, and document management. It serves multinational companies, and small and mid-sized regional and domestic enterprises. WiseTech Global Limited was founded in 1994 and is based in Alexandria, Australia.

Top 10:

Demark's Pivot Points

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Company Close Change(%) Volume Value Signal
GXY Galaxy Resources 0.95 9.9 5,094,962 0 BULLISH
ISD Isentia 0.26 8.3 518,734 0 BULLISH
SYR Syrah Resources 0.47 6.8 2,759,087 0.02 BULLISH
IMD Imdex 1.6 6 762,604 0 BULLISH
RWC Reliance Worldwide Corporation 4.18 4.8 2,029,284 0.01 BULLISH
MND Monadelphous 17.47 4.5 518,378 0.02 BULLISH
BFG Bell Financial 1.15 4.5 338,716 0 BULLISH
MFG Magellan Financial 55.88 3.7 467,863 0.06 BULLISH
MIN Mineral Resources 17.04 3.5 1,721,384 0.01 BULLISH
JIN Jin 18.94 3.5 301,618 0.08 BULLISH