Nzme (NZM)

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Nzme (NZM): Signals

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TECHNICAL ANALYSIS SUMMARY

Nzme (NZM.AX)


Indicator:

BAR REVERSAL


Last Signal:

NEUTRAL


Trading: NO POSITION @ $0.57
Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation but is strengthened by additional indicator confirmation. Indicator can be applied to the short or medium term timeframe and is able to highlight a potential change in price direction. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.


Nzme (ASX:NZM)No bar reversal is present for Nzme. Over the last 12 months there have been 4 occurrences of no bar reversals giving a signal probability of 1.5%.


PROFILE: Nzme (NZM.AX)


Stock Exchange: ASX
Company: Nzme
Ticker Codes: | NZM.AX | ASX:NZM |

About Nzme (ASX:NZM):

NZME Limited, together with its subsidiaries, operates as an integrated media and entertainment company in New Zealand. It is involved in the integrated print, radio, digital media, entertainment, advertising, and events activities, as well as e-commerce business. NZME Limited was formerly known as Wilson & Horton Limited. The company is based in Auckland, New Zealand. NZME Limited is a subsidiary of Australian Provincial Newspapers International Pty Limited.

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