Terramin Australia (TZN.AX)
Trading: SELL @ $0.095
Signal Strength: STRONG
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.
Terramin Australia (ASX:TZN) has a current ARU(25) of 20 and a current ARD(25) of 84
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: Terramin Australia (TZN.AX)
Stock Exchange: ASX
Company: Terramin Australia
Ticker Codes: | TZN.AX | ASX:TZN |
Terramin Australia Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of base and precious metals, and other economic mineral deposits in Australia and internationally. The company primarily explores for zinc, lead, gold, copper, and rare earth elements. Its flagship project is the Tala Hamza zinc project located on the Mediterranean coast in Algeria. The company was incorporated in 1993 and is based in Fullarton, Australia.
|EMH European Metals Holdings||0.4||14.3||44,010||-80||BEARISH|
|GCY Gascoyne Resources||0.11||11.1||1,637,598||-80||BEARISH|
|RSG Resolute Mining||1.15||6.5||9,128,506||-32||BEARISH|
|OGC Oceanagold Corporation||4.73||6.3||557,211||-60||BEARISH|
|AYS Amaysim Australia||0.95||5.6||94,182||-44||BEARISH|
|CLQ Clean Teq Holdings||0.33||4.8||1,404,811||-92||BEARISH|
|OSP Osprey Medical||0.11||4.8||5,000||-60||BEARISH|