Meridian Energy (MEZ)

Download button icon Download

Meridian Energy (MEZ): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

[BULLISH]: Meridian Energy current price have moved upwards on low volume. Currently, the EOM is 2.015.



The Ease of Movement (EOM) is a technical momentum indicator that is used to illustrate the relationship between the rate of an assets price change and its volume. This indicator attempts to identify the amount of volume required to move prices. Generally a value greater than zero is an indication that the stock is being accumulated (bought) and negative values are used to signal increased selling pressure. A high positive value appears when prices move upward on low volume. Strong negative numbers indicate that price is moving downward on low volume.

Calculation: Ease of Movement (EOM):
1) Distance Moved = ((H + L)/2 - (Prior H + Prior L)/2);
2) Box Ratio = ((V/100 000 000)/(H - L));
3) 1-Period EMV = ((H + L)/2 - (Prior H + Prior L)/2) / ((V/100 000 000)/(H - L));
4) 14-Period Ease of Movement = 14-Period simple moving average of 1-period EMV


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:

Ease of Movement

Download button icon Download
Company Close Change (%) Volume Value Signal
GSW Getswift 0.65 17.3 882,856 70.97 BULLISH
CLQ Clean Teq Holdings 0.53 15.2 4,429,067 0.2 BULLISH
DNA Donaco International 0.19 12.1 124,948 0.23 BULLISH
ALK Alkane Exploration 0.26 8.3 1,267,384 0.02 BULLISH
ASL Ausdrill 1.75 6.1 5,267,504 0 BULLISH
ORE Orocobre 3.84 5.5 1,717,171 1.2 BULLISH
WSA Western Areas 2.72 5 4,861,375 0.28 BULLISH
WGX Westgold Resources 1.18 4.4 1,239,121 0.01 BULLISH
PRT Prime Television 0.24 4.3 71,152 0.16 BULLISH
RSG Resolute Mining 1.1 4.3 10,327,619 0.16 BULLISH
back to top