Technical analysis from Webster (WBA.AX, ASX:WBA.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Webster
+ Share

WBA Basic Candle: Long Black
Long Black Candle /
WBA Basic Candle: Long Black

[BEARISH]: Webster has formed a Long Black candlestick. This means, WBA has traded with strong selling pressure throughout the day adding strength to previous short term trends. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Positive momentum for WBA is a leading indicator for continued price rise
Momentum /
Positive momentum for WBA is a leading indicator for continued price rise

[BULLISH]: Webster currently has positive momentum of 0.025. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -4%. The largest upward momentum rally for the last 3 months is 11 days producing a return of 12.8%.

Exponential Moving Average /
[Downtrend]: Recent trading for WBA confirms bearish EMA(5) signal

[BEARISH]: Webster currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -4.0%.

MACD /
MACD oscillator remains positive for WBA

[BULLISH]: Webster currently has positive MACD of 0.015. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 2.4%.

Average True Range /
Webster: Average True Range (0.067) has confirmed an uptrend is present

[Bullish]: Average True Range has confirmed an uptrend is present. Webster has a TR of 0.125, and an ATR(14) of 0.067.

Top companies for
Australian Stock Exchange
Advertisment
Price Range /
[Bullish]: Webster has beaten previous trading range

[BULLISH]: Webster current uptrend in the first timeframe. Currently, the Range is $0.125.

Ulcer index has reduced in stress level for Webster & low drawdown is expected
Ulcer Index /
Ulcer index has reduced in stress level for Webster & low drawdown is expected

[BEARISH]: Webster UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.805.

Market movement continuation likely for WBA as a result of Fake Day
Bill Williams Market Facilitation /
Market movement continuation likely for WBA as a result of Fake Day

WBA: BWMF Current Signal -> (1) 20 Jun: Fake Day (2) 19 Jun: Squat Day (3) 18 Jun: Green Day

Ease of Movement /
Price was difficult to move downward in recent trading on high volume causing an downtrend in price for WBA

WBA: EOM Current Signal -> (1) 20 Jun: BEARISH HARD (2) 19 Jun: BEARISH HARD (3) 18 Jun: BULLISH HARD

Chaikin Money Flow /
CMF showing buying pressure & potential change in direction for WBA

[BULLISH]: Webster current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.15. WBA received a confirmed CMF crossover days on the Jun 12 2018. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.29 occurring on the Jun 12 2018.

Woodie Pivot Point /
Webster: Look for a short limit order entry @$1.878

Webster has broken the first Woodie support point ($1.878) [Bearish]. Look for a short limit order entry near this point. Exit price for WBA should be set @$1.829 & short position stoploss for Webster should be set at $2.079

Webster: Percentage Volume Oscillator (27.19)
Percentage Volume /
Webster: Percentage Volume Oscillator (27.19)

WBA: PVO Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH CROSSOVER (3) 18 Jun: BULLISH CROSSOVER

Strong price performance from WBA has seen a higher high of 0.5 % [Uptrend]
High Price /
Strong price performance from WBA has seen a higher high of 0.5 % [Uptrend]

[BULLISH]: Webster current uptrend in the first timeframe. Currently, the HIGH is 0.5 %.

Williams %R /
Webster is no longer overbought [Neutral]

WBA: William %R Recent Trading -> (1) 20 Jun: -31.6 (2) 19 Jun: -10.5 (3) 18 Jun: -15.6

Commodity Channel Index /
Webster: Potential CCI trend reversal has been identified

[BEARISH]: Webster current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 102. The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 343.

Volume Rate of Change /
Webster currently has positive volume rate of change for 386

WBA: VROC Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH CROSSOVER (3) 18 Jun: BEARISH

The TMA trend following signal is still current for Webster [Bullish]
Triangular Moving Average /
The TMA trend following signal is still current for Webster [Bullish]

[BULLISH]: Webster currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -4.0%.

Webster is in a short term downtrend with the closing price @$1.94
Weighted Moving Average /
Webster is in a short term downtrend with the closing price @$1.94

[BEARISH]: Webster currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -4.0%.

First timeframe trend of Webster has signalled a reaction day
Coles Reaction Day /
First timeframe trend of Webster has signalled a reaction day

Webster: Coles Reaction Day has been confirmed A lower low has been achieved for last trading day for WBA

Moving Average Envelope /
Overbought signal continues for Webster indicating downward price movement is likely

[BEARISH]: Webster current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 1.9005.

Elders Force Index /
Elders Force Index (4562) has signalled bullish conditions in recent trading for WBA

[BULLISH]: Webster current price has highlighted recent buying pressure. Currently, the Elders Force Index is 4562.

Percentage Price /
Webster: Price Percentage Oscillator

[BULLISH]: Webster currently has positive PPO 4.733%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

MACD Volume /
Webster: Volume MACD oscillator (19327)

[BULLISH]: Webster currently has positive Volume MACD of 19327. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

[Bearish]: Webster has failed to beat the previous volume by -45.1
Volume /
[Bearish]: Webster has failed to beat the previous volume by -45.1

[BEARISH]: Webster current volume downtrend in the first timeframe. Volume for WBA is 324388 (-45.1).

Stochastic Oscillator for WBA has crossed below the overbought limit triggering a neutral signal
Stochastic Oscillator /
Stochastic Oscillator for WBA has crossed below the overbought limit triggering a neutral signal

WBA: Stochastic Oscillator Signal -> (1) 20 Jun: BEARISH CROSSUNDER (2) 19 Jun: BEARISH (3) 18 Jun: BULLISH CROSSOVER

Close Tod Vs Close Yest /
Daily trading performance for WBA has initiated a short term downtrend

[BEARISH]: Webstersellers are keener than buyers and are driving the price down. This is the first day of price decline for WBA adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -5.3 & the greatest daily negative change this year has been -5.3. The longest consecutive downswing rally over the last 12 months has been 5 days giving a total rally downward movement of -7%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -5.3%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.1x. Over the last month the average daily downward movement has been -2.400000%

See More   See more results
Advertisment
Advertisment
back to top