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

Supertrend

Score

-3.5

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 1 501.0 0.00% 0.00% 0.0% -3.5% -3.5%

Summary

Technical Analysis

Zeolite Australia (ZEL.AX)


Indicator:

SUPERTREND


Last Signal:

BEARISH


Trading: SELL @ $5.83
Signal Strength: STRONG
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 a current Supertrend of 5.982. This has change 0 points from yesterday.



The Supertrend is a trend following indicator which identifies uptrends and downtrends. The SuperTrend indicator is calculated utilising the ATR to offset the indicator from the common price. Before understanding the supertrend indicator, understanding the ATR is essential as super trend employs ATR values to calculate the indicator values. This indicator fluctuates above and below 0 signalling the current direction of the trend. This is a lagging trend indicator that assists in defining trend directions does not perform well in ranging markets.

Calculation: Supertrend (SUP) :
1) Basic Upper band = (High + Low) / 2 + Multiplier * ATR;
2) Basic Lower band = (High + Low) / 2 - Multiplier * ATR
3) Final Upper band = IF((Basic Upper band < Final Upper band(yest)) OR (Close(yest) > Previous Final Upper band(yest))) THEN (Basic Upper band) ELSE Final Upper band(yest));
4) Final Lower band = IF((Basic Lower band > Final Lowerband (yest)) OR (Close(yest) < Final Lower band(yest))) THEN (Basic Lower band) ELSE Final Lower band(yest));
5) Supertrend = IF(Close <= Final Upper band ) THEN Final Upper band ELSE Final Lower band;
Where Multiplier = 3; Period=14


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:

Supertrend

Download
Company Close Change(%) Volume Value Signal
AJX Alexium International 0.13 13 328,122 -0.02 BULLISH
EWC Energy World Corporation 0.08 10.8 945,847 -0.02 BULLISH
BOC Bougainville Copper 0.11 10 84,981 -0.02 BULLISH
PNV Polynovo 1.4 9.8 3,261,201 0.1 BULLISH
IPD Impedimed 0.12 9.5 2,638,079 -0.06 BULLISH
MGX Mount Gibson Iron 1.06 9.3 5,320,324 0.17 BULLISH
GGG Greenland Minerals 0.14 8 2,362,420 0.02 BULLISH
CAJ Capitol Health 0.22 7.3 466,982 0.02 BULLISH
MNF My Net Fone 3.73 7.2 55,752 -0.33 BULLISH
CLQ Clean Teq Holdings 0.32 6.7 1,263,824 -0.05 BULLISH