Meridian Energy

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%

What indicators would you like to backtest?

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Close vs Range

Score

-6.25

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 45 9.6 0.31% 0.42% 1.6% -2.2% -49.6%
SHORT 47 8.1 0.13% 0.14% 0.3% -2.5% -108.4%

Summary

Technical Analysis


Where the closing price fall within the day’s trading range highlights whether are in control.

[Calculations] Close Today Versus Range Today (CTRT):
1) When the closing price is near the high of the day buyers were in control at the close of the trading session;
2) When the closing price is near the low of the day sellers were in control at the close of the trading session;
3) When the closing price is near the middle of the day’s range where neither the buyers or sellers were in control at the close of the trading session;


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:

Close vs Range

Download
Company Close Change(%) Volume Value Signal
OML Ooh!Media 2.93 9.3 2,328,774 1 BULLISH
IRI Integrated Research 2.79 7.7 713,781 1 BULLISH
CGC Consolidated Gaming Corporation 3.79 7.7 2,950,452 1 BULLISH
WTC Wisetech Global 32.89 6.9 2,316,433 1 BULLISH
PNV Polynovo 1.69 6.6 3,604,675 1 BULLISH
CDD Cardno 0.96 5.5 177,614 1 BULLISH
PGH Pact 2.45 4.7 1,178,705 1 BULLISH
GSW Getswift 0.31 3.4 884,580 1 BULLISH
IFM Infomedia 2.25 3.2 1,060,580 1 BULLISH
GUD Gud Holdings 9 3.2 455,158 1 BULLISH