Zeolite Australia (ZEL.AX)
ELDERS FORCE INDEX
Trading: HOLD @ $5.83
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)
Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.
Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x Volume;
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.
Elder's Force IndexDownload
|EMH European Metals Holdings||0.38||18.8||120,674||-324||BEARISH|
|UOS United Overseas Australia||0.7||6.1||1,000||-417||BEARISH|
|CCV Cash Converters International||0.28||5.8||647,158||-284||BEARISH|
|CGL The Citadel||8.8||4.8||86,922||-1,016||BEARISH|
|GNG GR Engineering Services||1.31||4.8||25,920||-3,506||BEARISH|
|HFR Highfield Resources||0.57||4.6||39,786||-904||BEARISH|
|TZN Terramin Australia||0.12||4.3||139,651||-44||BEARISH|
|SXL Southern Cross Media||1.22||3.8||2,723,108||-154,061||BEARISH|