Meridian Energy

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

Continuation Candlestick

Score

-0.75

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 20 28.6 0.60% 1.33% 3.6% -2.7% 18.9%
SHORT 22 8.8 0.23% 0.26% 2.2% -2.4% -35.0%

Summary

Technical Analysis

No continuation candles currently present.


PROFILE: Meridian Energy (MEZ.AX)


Stock Exchange: ASX
Company: Meridian Energy
Ticker Codes: | MEZ.AX | ASX:MEZ |

About Meridian Energy (ASX:MEZ):

Meridian Energy Limited engages in the generation, trading, and retail of electricity. The company generates electricity primarily through water and wind resources. It operates seven hydro stations and five wind farms in New Zealand; owns and operates two wind farms in Australia; and a solar farm in Tongatapu, Tonga. The company provides its electricity to residential, business, and industrial customers. It operates under the Meridian and Powershop brand names. The company also provides management, insurance, financing, professional, trustee, and software development services. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.

Top 10:

Continuation Candlestick

Download
Company Close Change(%) Volume Value Signal
CYB Cybg 2.74 9.6 11,534,033 1 BULLISH
SAR Saracen Mineral 3.53 4.7 14,040,159 1 BULLISH
INA Ingenia Communities 4.37 3.3 432,270 1 BULLISH
RSG Resolute Mining 1.19 2.6 8,572,208 1 BULLISH
VTG Vita 1.22 2.5 258,773 1 BULLISH
MCY Mighty River Power 5.23 2.5 1,356 1 BULLISH
AMP AMP 1.8 2.3 17,858,882 1 BULLISH
MOC Mortgage Choice 1.56 2.3 284,809 1 BULLISH
LIC Lifestyles Communities 7.95 2.2 165,668 1 BULLISH
FID Fiducian 5.3 2.1 1,402 1 BULLISH