Technical Analysis for NZ - New Zealand Energy Corp.

Grade Last Price % Change Price Change
D 1.050 11.70% 0.110
NZ closed up 4.44 percent on Tuesday, October 1, 2024, on 4 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 11.70%
Wide Bands Range Expansion 11.70%
Gapped Up Strength 11.70%
Overbought Stochastic Strength 11.70%
Crossed Above 50 DMA Bullish 16.67%
MACD Bullish Centerline Cross Bullish 16.67%
Expansion Pivot Buy Setup Bullish Swing Setup 16.67%
Pocket Pivot Bullish Swing Setup 16.67%
Wide Bands Range Expansion 16.67%
Overbought Stochastic Strength 16.67%

   Recent Intraday Alerts

Alert Time
Possible Pocket Pivot about 2 hours ago
Rose Above Previous Day's High about 3 hours ago
Rose Above Upper Bollinger Band about 3 hours ago
Up 1 ATR about 3 hours ago
Up 5% about 3 hours ago

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Profile

New Zealand Energy Corp. Description

New Zealand Energy Corp. is engaged in the exploration and production of oil and natural gas in New Zealand, as well as the operation of the midstream assets. The Company operates through the segment being the acquisition, exploration, development and production of conventional oil and natural gas resources in New Zealand. It operates over three Petroleum Mining Licenses (PMLs), a Petroleum Mining Permit (PMP) and over two Petroleum Exploration Permits (PEPs). It holds interest in the PML 38138 (Tariki License), PML 38140 (Waihapa License) and PML 38141 (Ngaere License). It owns interest in PMP 55491 (Copper Moki PMP) and PEP 51150 (the Eltham Permit), and holds interest in PEP 51151 (the Alton Permit). It has interest in the Waihapa Production Station and associated gathering and sales infrastructure, providing services, such as operation of the Ahuroa gas storage facility, oil handling and pipeline throughput, gas processing and transport, and produced water handling and disposal.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Mining Copper Energy Oil Natural Gas Petroleum Water Transport Infrastructure Pipe Pipeline Storage Fuels Hydrocarbon Exploration Midstream New Zealand Gas Processing Conventional Oil Gas Storage Natural Gas Storage Gas Resources Gas Storage Facility Natural Gas Resources

Is NZ a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1.67
52 Week Low 0.01
Average Volume 11,229
200-Day Moving Average 0.484
50-Day Moving Average 0.874
20-Day Moving Average 0.754
10-Day Moving Average 0.812
Average True Range 0.058
RSI (14) 59.51
ADX 15.09
+DI 48.527
-DI 34.222
Chandelier Exit (Long, 3 ATRs) 0.765
Chandelier Exit (Short, 3 ATRs) 0.775
Upper Bollinger Bands 0.953
Lower Bollinger Band 0.554
Percent B (%b) 0.97
BandWidth 53.033
MACD Line 0.015
MACD Signal Line -0.018
MACD Histogram 0.0322
Fundamentals Value
Market Cap 218.2 Million
Num Shares 232 Million
EPS -0.01
Price-to-Earnings (P/E) Ratio -117.50
Price-to-Sales 0.32
Price-to-Book 1.30
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.940
Resistance 3 (R3) 0.940 0.940 0.940
Resistance 2 (R2) 0.940 0.940 0.940 0.940
Resistance 1 (R1) 0.940 0.940 0.940 0.940 0.940
Pivot Point 0.940 0.940 0.940 0.940 0.940
Support 1 (S1) 0.940 0.940 0.940 0.940 0.940
Support 2 (S2) 0.940 0.940 0.940 0.940
Support 3 (S3) 0.940 0.940 0.940
Support 4 (S4) 0.940