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

Chaikin Money Flow

Score

1.4

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 13 25.2 0.62% 1.60% 4.8% -2.2% 27.1%
SHORT 13 27.0 0.69% 1.80% 4.7% -2.4% 30.0%

Summary

Technical Analysis

Zeolite Australia (ZEL.AX)


Indicator:

CHAIKIN MONEY FLOW


Last Signal:

BULLISH


Trading: HOLD @ $5.75
Signal Strength: MEDIUM
Recommendation:

Zeolite Australia (ASX:ZEL) current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.16. ZEL.AX received a confirmed CMF crossover days on the Jun 12 2019. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.21 occurring on the Jun 12 2019.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. 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.

Developed by Marc Chaikin, Chaikin Money Flow measures the amount of Money Flow Volume over a specific period. Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back period, typically 20 or 21 days. The resulting indicator fluctuates above/below the zero line just like an oscillator. Chartists weigh the balance of buying or selling pressure with the absolute level of Chaikin Money Flow. Chartists can also look for crosses above or below the zero line to identify changes on money flow.

Calculation: Chaikin Money Flow (20):
1) Money Flow Multiplier = [(Close - Low) - (High - Close)] / (High - Low);
2) Money Flow Volume = Money Flow Multiplier x Volume for the Period;
3) 20-period CMF = 20-period Sum of Money Flow Volume / 20 period Sum of 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:

Chaikin Money Flow

Download
Company Close Change(%) Volume Value Signal
AQG Alacer Gold Corp 4.42 8.6 637,521 0.13 BULLISH
DWS DWS 1.13 6.6 119,422 0.25 BULLISH
WGX Westgold Resources 1.69 6.3 616,095 0.12 BULLISH
IMD Imdex 1.1 5.8 2,149,957 0.1 BULLISH
NST Northern Star Resources 10.54 5.6 3,773,663 0.1 BULLISH
NZM Nzme 0.49 5.4 65,620 0.63 BULLISH
CIA Champion Iron 3.24 4.9 531,475 0.29 BULLISH
EVN Evolution Mining 4.13 4.8 11,519,500 0.33 BULLISH
TZN Terramin Australia 0.07 4.5 71,684 0.11 BULLISH
PSI Pacific Strategic Investments 2.5 3.7 2,239 0.23 BULLISH