Zeolite Australia

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?

Trading Performance

Accumulation Distribution

Score

0.15

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 6 77.3 0.33% 0.50% 3.2% -2.5% -3.6%
SHORT 5 29.8 0.80% 4.00% 1.3% -2.5% 2.9%

Summary

Technical Analysis

Zeolite Australia (ZEL.AX)


Indicator:

ACCUMULATION


Last Signal:

BEARISH


Trading: SELL @ $6.01
Signal Strength: MEDIUM
Recommendation:

Zeolite Australia (ASX:ZEL) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -13901.4. day. During the quarter, the lowest ADLINE value was -262134.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.

Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.


PROFILE: Zeolite Australia (ZEL.AX)


Stock Exchange: ASX
Company: Zeolite Australia
Ticker Codes: | ZEL.AX | ASX:ZEL |

About Zeolite Australia (ASX:ZEL):

Z Energy Limited sells transport fuel in New Zealand. It supplies fuel to retail customers, as well as commercial customers, such as airlines, trucking companies, mines, shipping companies, and vehicle fleet operators, as well as supplies bitumen to roading contractors. The company also offers Z card and Star card services for businesses to buy fuels. It owns and manages approximately 343 retail service stations; 157 truck stops; 7 electric vehicle charging stations; and pipelines, terminals, and fuel storage terminal infrastructure. The company was formerly known as Greenstone Energy Limited and changed its name to Z Energy Limited in May 2011. Z Energy Limited was incorporated in 1959 and is headquartered in Wellington, New Zealand.

Top 10:

Accumulation Distribution

Download
Company Close Change(%) Volume Value Signal
KGN Kogan 4.9 11.4 2,944,734 -265,395.7 BEARISH
PPS Praemium 0.36 9.1 3,792,112 -615,702.5 BEARISH
DNA Donaco International 0.13 8.3 2,639,011 -665,814.5 BEARISH
CKF Collins Foods 8.34 8 971,412 -147,792.6 BEARISH
TLG Talga Gold 0.5 6.4 289,903 -72,161.8 BEARISH
GSW Getswift 0.17 6.3 277,365 -16,821.8 BEARISH
EOS Electro Optic Systems Holdings 4.09 6.2 423,102 -5,937.3 BEARISH
RCT Reef Casino 2.62 5.6 14,000 -1,719.6 BEARISH
DDR Dicker Data 5.1 5.2 227,956 -49,171.6 BEARISH
BEE Broo 0.02 5 75,000 -182,868.3 BEARISH