Range Low Price High Price Comment
30 days $6.05 $6.76 Wednesday, 19th Jun 2024 MEL.NZ stock ended at $6.21. This is 0.640% less than the trading day before Tuesday, 18th Jun 2024. During the day the stock fluctuated 2.12% from a day low at $6.14 to a day high of $6.27.
90 days $5.61 $6.76
52 weeks $4.76 $6.76

Historical Meridian Energy Limited prices

Date Open High Low Close Volume
Jun 19, 2024 $6.22 $6.27 $6.14 $6.21 773 859
Jun 18, 2024 $6.31 $6.38 $6.18 $6.25 897 183
Jun 17, 2024 $6.34 $6.34 $6.18 $6.27 818 001
Jun 14, 2024 $6.42 $6.42 $6.35 $6.37 605 441
Jun 13, 2024 $6.38 $6.43 $6.34 $6.43 726 779
Jun 12, 2024 $6.40 $6.40 $6.35 $6.37 698 832
Jun 11, 2024 $6.43 $6.50 $6.34 $6.43 1 338 105
Jun 10, 2024 $6.27 $6.46 $6.17 $6.43 792 687
Jun 07, 2024 $6.47 $6.47 $6.30 $6.30 1 163 587
Jun 06, 2024 $6.47 $6.50 $6.40 $6.48 2 051 324
Jun 05, 2024 $6.50 $6.57 $6.48 $6.48 1 405 935
Jun 04, 2024 $6.59 $6.60 $6.45 $6.55 2 501 106
May 31, 2024 $6.37 $6.76 $6.36 $6.76 10 698 883
May 30, 2024 $6.20 $6.20 $6.10 $6.12 1 217 093
May 29, 2024 $6.11 $6.27 $6.11 $6.16 1 324 518
May 28, 2024 $6.26 $6.28 $6.12 $6.17 1 207 652
May 27, 2024 $6.20 $6.28 $6.20 $6.28 525 503
May 24, 2024 $6.23 $6.28 $6.16 $6.25 990 721
May 23, 2024 $6.20 $6.28 $6.20 $6.21 1 458 851
May 22, 2024 $6.18 $6.20 $6.14 $6.20 940 433
May 21, 2024 $6.18 $6.19 $6.11 $6.19 879 843
May 20, 2024 $6.06 $6.20 $6.05 $6.20 627 851
May 17, 2024 $6.15 $6.18 $6.02 $6.10 720 013
May 16, 2024 $6.00 $6.17 $6.00 $6.17 1 134 633
May 15, 2024 $6.05 $6.07 $6.00 $6.01 716 849

FAQ

What are historical stock prices?
Historical stock prices refer to a stock’s recorded prices at various past points. These prices include several key figures that help investors and analysts evaluate a stock’s performance over time:
Open: Open price for the trading day.
High: Highest price for the trading day.
Low: Lowest price for the trading day.
Close: Close price for the trading day.

Additionally, historical prices often include:
Volume is the number of shares traded during the day. It indicates how actively a stock was traded and can provide insights into market sentiment and liquidity.

How can I use MEL.NZ stock historical prices to predict future price movements?
Trend Analysis: Examine the MEL.NZ stock’s historical trends to identify patterns that might continue.
Moving Averages: Use moving averages to detect potential reversal points.
Momentum Indicators: Apply indicators like RSI or MACD to assess the momentum and strength of price movements.
Volume Analysis: Analyze trading volume alongside price changes to gauge trend strength.
Statistical Methods: Use statistical tools such as regression analysis to model and forecast future prices based on past data.
These techniques can provide insights but should be used with risk management practices to mitigate potential losses.

What impact do stock splits have on historical price data?
When a company performs a stock split, it adjusts the historical price data to reflect the new, lower trading price as if it had always been that way.

This ensures consistency for anyone analyzing the stock’s past prices. The adjustment helps prevent misleading signals on charts, such as false sell signals or bearish trends that aren’t there. For instance, in a 2-for-1 stock split, the price per share is cut in half, which would otherwise appear as a dramatic drop on the chart. If someone didn’t know about the split, they might wrongly think something negative happened to the company. Most technical indicators would also react to this apparent drop by signaling to sell.

A stock split, while making the shares seem more affordable and potentially more attractive to investors, doesn’t alter the company’s fundamental value.

Why do the MEL.NZ stock historical prices show a range for periods like 30 days, 90 days, and 52 weeks?
The range provides the lowest and highest prices at which the stock has traded during the specified period. This helps investors understand the stock’s volatility and price variability within that timeframe.

How can I use historical price volatility to assess risk?
High price volatility historically indicates higher risk and potentially higher returns. Investors can gauge the stock’s risk level by examining the range between high and low prices over various periods.
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About Meridian Energy Limited

Meridian Energy Limited Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. It generates electricity through wind farms, hydro power stations, and solar farms. The company also provides management, insurance, financing, professional, trustee, and software development services; and licenses Flux developed electricity and gas retailing... MEL.NZ Profile

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