MEZ | Australian Securities Exchange

Meridian Energy has moved below the 161.8% level ($3.36) [Bullish]. Look for a long limit order entry near this point. Exit price for MEZ should be set @$3.12 & Stoploss for Meridian Energy should be set at $3.6

Meridian Energy has broken the first resistance point ($3.207) [Bullish]. Look for a long limit order entry near this point. Exit price for MEZ should be set @$3.207 & Stoploss for Meridian Energy should be set between $3.027 & $2.994

[BULLISH]: Meridian Energy is currently Oversold highlighting the potential for a short term trend reversal in the upward direction. The current level is 101.91% with a current width of 7.75.

[BEARISH CROSSOVER]: Meridian Energy currently has negative PVO -6.74%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 0%.

[BULLISH]: Meridian Energy current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.09. Meridian Energy (ASX:MEZ) received a confirmed CMF crossover days on the Sep 18 2018. The bullish signal has been active for 1 day. During the quarter, the highest CMF value was 0.37 occurring on the Sep 18 2018.

[BULLISH]: Meridian Energy currently has a confirmed uptrend. Recent trading has caused the TMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 2.6%.

[BULLISH]: Meridian Energy buyers are increasingly eager. This is the first day buyers have increased eagerness for MEZ adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.2700. & the greatest daily price range this year has been $0.6200. The price range ratio this week versus the quarterly price range is 0.4x & the price range ratio this month versus the year to date price range is 0.4x.

[Bullish]: Average True Range has confirmed an uptrend is present. Meridian Energy has a TR of 0.09, and an ATR(14) of 0.063.

[BEARISH]: Meridian Energy current price has highlighted recent distribution. Currently, the OBV is -268806.

[BULLISH]: Meridian Energy currently has a confirmed uptrend. Recent trading has caused the WMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 2.6%.

MEZ: PPO Current Signal -> (1) 25 Sep: BULLISH (2) 24 Sep: BULLISH (3) 21 Sep: BULLISH

[BULLISH]: Meridian Energy currently has positive MACD of 0.01. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 2%.

[BULLISH]: Meridian Energy has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

[BULLISH]: Meridian Energy Elder Ray Index is signalling a Bullish movementERI is 0.096 indicating bull power. Prices are being driven above the consensus of value for MEZ during the last trading session [Buying Pressure]

[BULLISH]: Meridian Energy currently has a confirmed uptrend. Price is currently above the displaced moving average for MEZ. Currently, the return on DPO20 is 2.6%.

[BULLISH]: Meridian Energy is in an uptrend in the short term timeframe. The buyers have dominated the daily trade, however further confirmation is required before taking a position.