MEZ - Looks Bullish?MEZ has been consolidating for quite sometime now and has unable to break support. The price action suggests that it could hit the Resistance level of $5.50 (a potential 8% move) on the upside. My Stoploss will be $4.50, below the previous swing low.
Please note these are my own notes, by no means
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−0.08 EUR
−233.65 M EUR
2.48 B EUR
1.27 B
About Meridian Energy Limited
Sector
Industry
CEO
Michael John Roan
Website
Headquarters
Wellington
Founded
1998
ISIN
NZMELE0002S7
FIGI
BBG005GVTDK0
Meridian Energy Ltd. engages in the generation and distribution of electricity from renewable resources. It operates through the following business segments: New Zealand Retail, New Zealand Wholesale, Australia and Other and unallocated. The New Zealand Retail segment includes activity associated with retailing of electricity and complementary products through the Meridian brands. The New Zealand Wholesale segment covers activity associated with Meridian's New Zealand. The Australia segment includes Generation of electricity from Meridian's two wind farms and three hydro power stations, and acquired under power purchase agreements, for sale into the Australian wholesale. The Other and unallocated segment contains operations that are not considered reportable segments, include licensing of the flux developed electricity and gas retailing platform. The company was founded on December 16, 1998 and is headquartered in Wellington, New Zealand.
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MEZ - Bullish Trade PlanMEZ looks good and ripe for a move higher because of the two consecutive breaks of the Bearish Trendlines with High Volume and has bounced off its strong support of $4.60 level. MACD has got bullish too and maybe we shall see the upswing continue to go higher. My target for this trade would be $6.00
MEL 24/12/20Overall upwards trend on 3 month, aswell as 4hr candles. Buyers seem to have momentum pushing up to $7.20. Expecting a pullback as RSI crosses 70 maybe to around $6.875 - $6.70 and then should continue upwards trend to break resistance and establish itself again. There is no RSI + Divergence (White
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Frequently Asked Questions
Depending on the exchange, the stock ticker may vary. For instance, on FWB exchange Meridian Energy Limited stocks are traded under the ticker 15M1.
We've gathered analysts' opinions on Meridian Energy Limited future price: according to them, 15M1 price has a max estimate of 3.39 EUR and a min estimate of 2.87 EUR. Watch 15M1 chart and read a more detailed Meridian Energy Limited stock forecast: see what analysts think of Meridian Energy Limited and suggest that you do with its stocks.
15M1 reached its all-time high on Jan 9, 2008 with the price of 15.98 EUR, and its all-time low was 0.001 EUR and was reached on Oct 30, 2009. View more price dynamics on 15M1 chart.
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Yes, you can track Meridian Energy Limited financials in yearly and quarterly reports right on TradingView.
Meridian Energy Limited is going to release the next earnings report on Mar 3, 2026. Keep track of upcoming events with our Earnings Calendar.
15M1 net income for the last half-year is −171.10 M EUR, while the previous report showed −65.38 M EUR of net income which accounts for −161.70% change. Track more Meridian Energy Limited financial stats to get the full picture.
As of Sep 5, 2025, the company has 1 K employees. See our rating of the largest employees — is Meridian Energy Limited on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Meridian Energy Limited EBITDA is 619.78 M EUR, and current EBITDA margin is 25.18%. See more stats in Meridian Energy Limited financial statements.
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