Mighty River Power

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

% Price Oscillator

Score

-4.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 22 22.6 0.14% 0.15% 9.0% -3.4% -41.2%
SHORT 22 11.9 0.00% 0.00% 0.0% -4.6% -101.5%

Summary

Technical Analysis

Mighty River Power (MCY.AX)


Indicator:

% PRICE OSCILLATOR


Last Signal:

BEARISH


Trading: SELL @ $4.6
Signal Strength: STRONG
Recommendation:

Mighty River Power (ASX:MCY) currently has negative PPO -2.32%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


The Percentage Price Oscillator (PPO) is a momentum oscillator that measures the difference between two moving averages as a percentage of the larger moving average.

Calculation: Percentage Price Oscillator (PPO):
1) PPO Line: {(12-day EMA - 26-day EMA)/26-day EMA} x 100;
2) Signal Line: 9-day EMA of PPO;
3) Histogram: PPO - Signal Line;


PROFILE: Mighty River Power (MCY.AX)


Stock Exchange: ASX
Company: Mighty River Power
Ticker Codes: | MCY.AX | ASX:MCY |

About Mighty River Power (ASX:MCY):

Mercury NZ Limited, together with its subsidiaries, engages in the production, trading, and sale of electricity from renewable sources in New Zealand. It operates nine hydro generation stations on the Waikato River; and five geothermal generation stations in the central North Island. The company sells electricity to homes, businesses, and industrial customers through GLOBUG, Tiny Mighty, and Bosco brands. It also provides metering infrastructure solutions to electricity retailers through Metrix brand; and solar panel installation services. The company was formerly known as Mighty River Power Limited and changed its name to Mercury NZ Limited in July 2016. Mercury NZ Limited was founded in 1998 and is based in Auckland, New Zealand.

Top 10:

% Price Oscillator

Download
Company Close Change(%) Volume Value Signal
LNG Liquefied Natural Gas 0.24 9.3 1,640,528 -1.36 BEARISH
GTK Gentrack 4.95 7.4 29,333 -1.27 BEARISH
PNR Pacific Niugini Minerals 0.16 6.9 2,570,154 -5.48 BEARISH
IPD Impedimed 0.16 6.7 925,001 -2.45 BEARISH
BOC Bougainville Copper 0.11 5 9,080 -1.32 BEARISH
FNP Freedom Nutritional Products 5.57 4.1 398,171 -0.13 BEARISH
VGL Volante 3.73 3.9 1,984 -0.41 BEARISH
MYX Myx 0.58 3.6 5,002,735 -0.08 BEARISH
GSW Getswift 0.58 3.6 120,251 -0.49 BEARISH
MNY Money3 2.12 3.4 157,389 -2.25 BEARISH