[BEARISH]: Mighty River Power has a current ARO(25) of -8. This has change 0 points from yesterday.
The Aroon Oscillator is the difference between Aroon-Up and Aroon-Down. These two indicators are usually plotted together for easy comparison but chartists can also view the difference of these two indicators with the Aroon Oscillator. This indicator fluctuates between -100 and +100 with zero as the middle line.
Calculation: Aroon Oscillator (ARO) :
1) Aroon Up = 100 x (25 - Days Since 25-day High)/25;
2) Aroon Down = 100 x (25 - Days Since 25-day Low)/25;
3) Aroon Oscillator = Aroon-Up - Aroon-Down;
PROFILE: Mighty River Power (MCY.AX)
Stock Exchange: ASX
Company: Mighty River Power
Ticker Codes: | MCY.AX | 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.
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