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

Average Directional Index

Score

0.0

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 11 38.6 0.55% 0.86% 2.5% -3.4% -8.9%
SHORT 11 29.5 0.55% 1.20% 6.9% -5.8% 12.2%

Summary

Technical Analysis

Zeolite Australia (ZEL.AX)


Indicator:

AVG DIRECTIONAL INDEX


Last Signal:

WEAK TREND


Trading: HOLD @ $5.72
Signal Strength: MEDIUM
Recommendation:

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.


Zeolite Australia (ASX:ZEL) has confirmed a weak trend is presentZeolite Australia has an ATR(14) of 0.115, a DX of 1.89 & an ADX(14) of 12.27



The Average Directional Index (ADX) Minus Directional Indicator (-DI) and Plus Directional Indicator (+DI) represent a group of directional movement indicators that form a trading system developed by Welles Wilder.

Calculation: Average Directional Movement Index (ADX):
Trend Strength ;
1) 0-25 = Absent or Weak Trend;
2) 25-50 = Strong Trend;
3) 50-75 = Very Strong Trend;
4) 75-100 Extremely Strong Trend;


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:

Average Directional Index

Download
Company Close Change(%) Volume Value Signal
BEE Broo 0.03 21.7 83,994 -14.27 NEUTRAL
DNA Donaco International 0.08 9.2 4,579,010 -19.77 NEUTRAL
BNO Bionomics 0.15 7.4 680,092 -19.73 NEUTRAL
HFR Highfield Resources 0.74 7.3 38,107 14.23 NEUTRAL
EZL Euroz 1.21 7.1 86,825 21.76 NEUTRAL
BRN Brainchip Holdings 0.05 4.5 1,366,441 -23.34 NEUTRAL
BFC Beston Global Food 0.12 4.3 385,290 -11.39 NEUTRAL
TNG Tennant Creek Gold 0.12 4.3 341,928 21.81 NEUTRAL
PAC Pacsoft 4.8 4.1 25,306 15.58 NEUTRAL
RBL Rib Loc 1.05 4 106,026 17.1 NEUTRAL