Zeolite Australia (ZEL.AX)
MARKET FACILITATION INDEX
Trading: REDUCE @ $5.45
Signal Strength: MEDIUM
Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.
Zeolite Australia (ASX:ZEL) Currently is a confirmed Squat Day.
The Market Facilitation Index is designed for evaluation the willingness of the market to move the price. The indicators absolute values alone cannot provide any trading signals unlike its dynamics in relation to the dynamics of the volume.
Calculation: Bill Williams Market Facilitation Index:
1) Green bar - both MFI and volume are up. Increasing trading activity means market movement acceleration;
2) Blue bar - MFI indicator is up volume is down. The movement is continuing although the volume has dropped. The trend will soon be reversing;
3) Pink bar - MFI indicator is down volume is up. The slowing down movement while volume is raising may indicate a possible break through often a U-turn;
4) Brown bar - both MFI and volume are down. The market is no longer interested in the current direction and is looking for signs of a future development;
PROFILE: Zeolite Australia (ZEL.AX)
Stock Exchange: ASX
Company: Zeolite Australia
Ticker Codes: | ZEL.AX | 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.
Bill Williams Market IndexDownload
|EDE Eden Energy||0.08||16.9||25,070,313||0||NEUTRAL|
|FIG Freedom Insurance||0.06||9.3||846,374||0||NEUTRAL|
|MOY Millennium Minerals||0.2||8.1||273,345||0||NEUTRAL|
|TZN Terramin Australia||0.14||8||359,269||0||NEUTRAL|
|EWC Energy World Corporation||0.17||6.5||13,824||0||NEUTRAL|
|RRL Regis Resources||4.36||5.1||2,623,260||0||NEUTRAL|