Technical Analysis for MEZ - Meridian Fpo Nzx  

Grade Last Price % Change Price Change
grade B 4.53 -3.82% -0.180
MEZ closed down 3.82 percent on Friday, August 23, 2019, on 43 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Down Down
See historical MEZ trend table...

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Gapped Down Weakness 0.00%
Crossed Above 20 DMA Bullish -3.82%
Calm After Storm Range Contraction -3.82%
Up 3 Days in a Row Strength -3.82%
Up 4 Days in a Row Strength -3.82%
50 DMA Support Bullish -1.95%

Older signals for MEZ ...

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Interactive chart
Profile
Meridian Energy Limited is engaged in the business of generation, trading and retailing of electricity, and the sale of complementary products and services. The Company operates through three segments: Wholesale, Retail and International. The Wholesale segment includes activity associated with its New Zealand generation of electricity and its sale into the wholesale electricity market; purchase of electricity, and development of renewable electricity generation opportunities. The Retail segment includes activity associated with retailing of electricity and complementary products through its two brands: Meridian and Powershop in New Zealand. The International segment includes activity associated with its generation of electricity and sale into the wholesale electricity market; retailing of electricity through the Powershop brand in Australia, and licensing of the Powershop platform in the United Kingdom. The Company supplies electricity to power homes, businesses and farms.
Energy Universe Electricity Electric Power Distribution Electric Power Electricity Market Electricity Retailing New Zealand Electricity Market Supplies Electricity Wholesale Electricity Market
Is MEZ a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 4.85
52 Week Low 2.81
Average Volume 31,874
200-Day Moving Average 3.8317
50-Day Moving Average 4.5775
20-Day Moving Average 4.613
10-Day Moving Average 4.609
Average True Range 0.1461
ADX 13.26
+DI 23.3537
-DI 20.9694
Chandelier Exit (Long, 3 ATRs ) 4.4117
Chandelier Exit (Short, 3 ATRs ) 4.8383
Upper Bollinger Band 4.8126
Lower Bollinger Band 4.4134
Percent B (%b) 0.29
BandWidth 8.653804
MACD Line 0.0024
MACD Signal Line 0.015
MACD Histogram -0.0125
Fundamentals Value
Market Cap 11.61 Billion
Num Shares 2.56 Billion
EPS 0.06
Price-to-Earnings (P/E) Ratio 75.50
Price-to-Sales 3.81
Price-to-Book 1.78
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.665
Resistance 3 (R3) 4.673 4.637 4.643
Resistance 2 (R2) 4.637 4.602 4.633 4.635
Resistance 1 (R1) 4.583 4.581 4.565 4.575 4.627
Pivot Point 4.547 4.547 4.538 4.543 4.547
Support 1 (S1) 4.493 4.512 4.475 4.485 4.433
Support 2 (S2) 4.457 4.491 4.453 4.425
Support 3 (S3) 4.403 4.457 4.418
Support 4 (S4) 4.395