WBC | Australian Stock Exchange

Westpac Banking Corporation
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Westpac Banking Corporation: Daily opening performance is 0.6 % [Uptrend]
Opening Price /
Westpac Banking Corporation: Daily opening performance is 0.6 % [Uptrend]

[BULLISH]: Westpac Banking Corporation opening price has gapped up. Currently, the OPEN is $29.83 (0.6 %).

Volume is still below the short term EMA for WBC [Bearish]
Percentage Volume /
Volume is still below the short term EMA for WBC [Bearish]

[BEARISH]: Westpac Banking Corporation currently has negative PVO -10.43%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 1.2%.

High Price /
Strong price performance from WBC has seen a higher high of 0.4 % [Uptrend]

[BULLISH]: Westpac Banking Corporation current uptrend in the first timeframe. Currently, the HIGH is 0.4 %.

Detrended Price Oscillator /
Detrended Price for WBC has signalled bullish price movements are likely

WBC: DPO Current Signal -> (1) 19 Jul: BULLISH (2) 18 Jul: BULLISH (3) 17 Jul: BULLISH

On Balance Volume /
Westpac Banking Corporation: On Balance Volume (2.92762e+007)

[BULLISH]: Westpac Banking Corporation current price has highlighted recent accumulation. Currently, the OBV is 2.92762e+007.

Demarks Pivot Points /
DeMark pivot point for WBC is bullish. Stoploss should be positioned @$29.505

Westpac Banking Corporation has broken the first DeMark resistance point ($29.6675) [Bullish]. Look for a long limit order entry near this point. Exit price for WBC should be set @$29.765 & Stoploss for Westpac Banking Corporation should be set at $29.505

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Black Candle /
WBC Basic Candle: Black

[BEARISH]: Westpac Banking Corporation has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Distribution still active for Westpac Banking Corporation
Accumulation / Distribution /
Distribution still active for Westpac Banking Corporation

WBC: ADLINE Current Signal -> (1) 19 Jul: BEARISH (2) 18 Jul: BEARISH (3) 17 Jul: BEARISH

Westpac Banking Corporation (WBC): Dark Cloud Cover short-term pattern has been confirmed
Dark Cloud Cover /
Westpac Banking Corporation (WBC): Dark Cloud Cover short-term pattern has been confirmed

Westpac Banking Corporation(WBC): Reversal (Strong) Candlestick - Recent Trading -> (1) 19 Jul: Dark Cloud Cover (2) 18 Jul: (3) 17 Jul:

Low Price /
Westpac Banking Corporation has reached a new low of $29.57 (0.2 %)

[BEARISH]: Westpac Banking Corporation current uptrend in the first timeframe. Currently, the Low is $29.57 (0.2 %).

Fibonacci Extensions /
Westpac Banking Corporation has moved above the 161.8% extension level ($5.12) [Bearish]

Westpac Banking Corporation has moved above the 161.8% level ($5.12) [Bearish]. Look for a short limit order entry near this point. Exit price for WBC should be set @$5.58 & short position stoploss for Westpac Banking Corporation should be set at $4.66

Average Directional Movement /
WBC: Average Directional Index has confirmed a strong trend @29.45

[Trend]: ADX for WBC has confirmed a strong trend is present. Westpac Banking Corporation has an ATR(14) of 0.372, a DX of 28.78 & an ADX(14) of 29.45

Daily trading performance for WBC has continued a short term uptrend
Close Tod Vs Close Yest /
Daily trading performance for WBC has continued a short term uptrend

[BULLISH]: Westpac Banking Corporationbuyers are keener than sellers and are driving the price up. There has been 3 consecutive days of price rise for WBC adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 1.6 & the greatest daily positive change this year has been 2.9. The longest consecutive upswing rally over the last 12 months has been 8 days giving a total rally upward movement of 6.2%. This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 1.9%. The win ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1x. Over the last month the average daily upward movement has been 0.600000%

Westpac Banking Corporation has maintained the 2nd timeframe trend [Uptrend]
Medium Trend /
Westpac Banking Corporation has maintained the 2nd timeframe trend [Uptrend]

[BULLISH]: Westpac Banking Corporation is in an uptrend in the medium term timeframe. The current rally number is 24 & the highest rally count for the LTM is 39. The highest rally for the month is 14

Open Tod Vs Close Tod /
WBC: Over the last 12 months there has been 40 trading days with the opening price in the upper shadow & the closing the price in the middle shadow

[BEARISH WEAK]: Westpac Banking Corporation opened in the upper part of daily range at 100% & closed in the middle part of the trading range at 50%. This suggests the sellers have lost commitment. Over the last 12 months there has been 40 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 15.2%. Over the last month there has been 5 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 35.7%.

Rate of Change /
Positive ROC for WBC is a leading indicator for continued price rise

[BULLISH]: Westpac Banking Corporation currently has positive rate of change of 1.365%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Range Tod Vs Range Yest /
Westpac Banking Corporation: Range Performance (26.8)

[BULLISH]: Westpac Banking Corporation buyers are increasingly eager. This is the first day buyers have increased eagerness for WBC adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.8600. & the greatest daily price range this year has been $4.5000. The price range ratio this week versus the quarterly price range is 0.6x & the price range ratio this month versus the year to date price range is 0.2x.

WBC: Price continues to move above the SWMA(5) @$29.578
Sine Weighted Moving Average /
WBC: Price continues to move above the SWMA(5) @$29.578

[BULLISH]: Westpac Banking Corporation currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 0.1%.

WBC: Current trading activity signals DVI distribution has commenced
Daily Volume Index /
WBC: Current trading activity signals DVI distribution has commenced

[BEARISH CROSSOVER]: Westpac Banking Corporation current price has highlighted the commencement of distribution and the start of bearish trading conditions. Currently, the DVI is -1437.

Westpac Banking Corporation: MACD @-0.0283 [Bearish]
MACD /
Westpac Banking Corporation: MACD @-0.0283 [Bearish]

[BEARISH]: Westpac Banking Corporation currently has negative MACD of -0.0283. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is 0.8%.

Short Trend /
[Uptrend]: A higher high has been achieved again for Westpac Banking Corporation

[BULLISH]: Westpac Banking Corporation is in an uptrend in the short term timeframe. The current rally number is 3 & the highest rally count for the LTM is 7

Weighted Moving Average /
[Uptrend]: Recent trading for WBC indicates ST trend is likely to continue

[BULLISH]: Westpac Banking Corporation currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.1%.

MACD Volume /
Westpac Banking Corporation: Volume MACD oscillator (-136127)

[BEARISH]: Westpac Banking Corporation currently has negative Volume MACD of -136127. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Moving Average Envelope /
Envelope bands Oversold signal is still current for Westpac Banking Corporation [Bullish]

[BULLISH]: Westpac Banking Corporation current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 27.5785.

[Bearish]: Westpac Banking Corporation has failed to beat the previous volume by -1.2
Volume /
[Bearish]: Westpac Banking Corporation has failed to beat the previous volume by -1.2

[BEARISH]: Westpac Banking Corporation current volume downtrend in the first timeframe. Volume for WBC is 4.36351e+006 (-1.2).

Westpac Banking Corporation has signalled an ATR trend present [Downtrend]
Average True Range /
Westpac Banking Corporation has signalled an ATR trend present [Downtrend]

[Bearish]: Average True Range has confirmed an downtrend is present. Westpac Banking Corporation has a TR of 0.26, and an ATR(14) of 0.372.

Exponential Moving Average /
Price continues to trade above the Exponential Moving Average(5) for WBC

[BULLISH]: Westpac Banking Corporation currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 0.1%.

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