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%

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Trading Performance

Close vs Range



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 89 5.0 0.53% 0.96% 2.2% -2.0% 3.5%
SHORT 88 5.2 0.59% 1.13% 1.9% -1.6% 21.9%


Technical Analysis

Zeolite Australia (ZEL.AX)



Last Signal:


Trading: BUY @ $6.01
Signal Strength: WEAK

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This bar analysis can provide guidance on the daily battle between sellers and buyers from the companies recent trading.

Zeolite Australia (ASX:ZEL) buyers are in control at the market close. This is the first day of buyer commitment for Zeolite Australia adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 4 trading days with the closing price in the upper part of the range giving a confirmation ratio of 1.5%. Over the last month there has been 4 trading days with the closing price in the upper range giving a confirmation ratio of 23.5%. Currently this quarter, closing price has spent 4 days in the upper price range compared to 3 days in the lower range giving a ratio of 1.3x.

Where the closing price fall within the day’s trading range highlights whether are in control.

[Calculations] Close Today Versus Range Today (CTRT):
1) When the closing price is near the high of the day buyers were in control at the close of the trading session;
2) When the closing price is near the low of the day sellers were in control at the close of the trading session;
3) When the closing price is near the middle of the day’s range where neither the buyers or sellers were in control at the close of the trading session;

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.

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Close vs Range

Company Close Change(%) Volume Value Signal
MOY Millennium Minerals 0.12 27.8 9,674,612 1 BULLISH CROSSOVER
BKY Berkeley Resources 0.38 13.4 25,468 1 BULLISH CROSSOVER
GGG Greenland Minerals 0.14 12 2,427,802 1 BULLISH CROSSOVER
KGN Kogan 4.9 11.4 2,944,734 1 BULLISH CROSSOVER
PPS Praemium 0.36 9.1 3,792,112 1 BULLISH CROSSOVER
AJM Altura Mining 0.14 8 8,666,348 1 BULLISH CROSSOVER
CKF Collins Foods 8.34 8 971,412 1 BULLISH CROSSOVER
AJX Alexium International 0.16 6.7 683,856 1 BULLISH CROSSOVER
TLG Talga Gold 0.5 6.4 289,903 1 BULLISH CROSSOVER
GSW Getswift 0.17 6.3 277,365 1 BULLISH CROSSOVER