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

Western Areas
+ Share

William %R for WSA has crossed below the overbought limit triggering a neutral signal
Williams %R /
William %R for WSA has crossed below the overbought limit triggering a neutral signal

WSA: William %R Current Signal -> (1) 20 Apr: BULLISH CROSSUNDER (2) 19 Apr: BEARISH (3) 18 Apr: BEARISH CROSSOVER

Western Areas: Stoploss for short position should be set between $3.807 & $3.864
Pivot Points /
Western Areas: Stoploss for short position should be set between $3.807 & $3.864

Western Areas has broken the first support point ($3.654) [Bearish]. Look for a short limit order entry near this point. Exit price for WSA should be set @$3.597 & short position stoploss for Western Areas should be set between $3.807 & $3.864

High Price /
Western Areas: Daily high performance is -4.6000000000000000 % [Downtrend]

[BEARISH]: Western Areas current downtrend in the first timeframe. Currently, the HIGH is -4.6000000000000000 %.

Long Trend /
Western Areas has maintained the 3rd timeframe trend [Uptrend]

[BULLISH]: Western Areas is in an uptrend in the medium term timeframe. The current rally number is 9 & the highest rally count for the LTM is 9. The highest rally for the month is 15

Woodie Pivot Point /
Western Areas: Look for a short limit order entry @$3.6580

Western Areas has broken the first Woodie support point ($3.6580) [Bearish]. Look for a short limit order entry near this point. Exit price for WSA should be set @$3.5990 & short position stoploss for Western Areas should be set at $3.8090

Weighted Moving Average /
The WMA trend following signal is still current for Western Areas [Bullish]

[BULLISH]: Western Areas 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 -3.9%.

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Chaikin Money Flow /
Buying pressure for Western Areas continues - bullish signal

WSA: Chaikin Oscillator Current Signal -> (1) 20 Apr: BULLISH (2) 19 Apr: BULLISH (3) 18 Apr: BULLISH

Triangular Moving Average(5) signal continues for Western Areas indicating upward price movement is likely
Triangular Moving Average /
Triangular Moving Average(5) signal continues for Western Areas indicating upward price movement is likely

[BULLISH]: Western Areas 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 -3.9%.

Western Areas: Daily opening performance is -1.9 % [Downntrend]
Opening Price /
Western Areas: Daily opening performance is -1.9 % [Downntrend]

WSA: OPEN Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: BULLISH (3) 18 Apr: BULLISH

Money Flow Index /
Price extreme has been signalled and is still active for Western Areas

WSA: MFI Current Signal -> (1) 20 Apr: BULLISH (2) 19 Apr: BULLISH (3) 18 Apr: BULLISH CROSSOVER

Sine Weighted Moving Average /
[Bullish]: Trend following indicator for WSA highlights upward price direction is likely

[BULLISH]: Western Areas 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 -3.9%.

Short Trend /
Western Areas: Daily trend is currently an Downtrend

[BEARISH]: Western Areas is in a downtrend in the short term timeframe. The current rally number is 1 & the highest rally count for the LTM is 4

[Fake Day]: MFI indicator is up, volume is down for Western Areas
Bill Williams Market Facilitation /
[Fake Day]: MFI indicator is up, volume is down for Western Areas

WSA: BWMF Current Signal -> (1) 20 Apr: Fake Day (2) 19 Apr: Squat Day (3) 18 Apr: Squat Day

Western Areas: Current trading activity signals accumulation is present
Accumulation / Distribution /
Western Areas: Current trading activity signals accumulation is present

[BULLISH]: Western Areas current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 3.10647e+006. day.

Range Tod Vs Range Yest /
Contracting price range for WSA signalling sellers are now less eager

WSA: Range today versus range yesterday Current Signal ->(1) 20 Apr: BEARISH (2) 19 Apr: BEARISH (3) 18 Apr: BULLISH

Moving Average Envelope /
Western Areas: Closing price $3.7100 is above the Upper Envelope Band ($3.4965)

[BEARISH]: Western Areas current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 3.4965.

MACD Volume /
Western Areas: Volume MACD @399560.0000 [Bullish]

[BULLISH]: Western Areas currently has positive Volume MACD of 399560.0000. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Closing price for Western Areas has seen sellers win the daily battle for performance @ -3.9%
Close Tod Vs Close Yest /
Closing price for Western Areas has seen sellers win the daily battle for performance @ -3.9%

[BEARISH]: Western Areassellers are keener than buyers and are driving the price down. This is the first day of price decline for WSA adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -3.9 & the greatest daily negative change this year has been -6.9. The longest consecutive downswing rally over the last 12 months has been 4 days giving a total rally downward movement of -10.4%. This quarter, the largest downswing rally has been 1 days giving a total rally downward movement of -3.9%. 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 -2.600000%

A short term Island Reversal has formed with Western Areas
Island Reversal /
A short term Island Reversal has formed with Western Areas

WSA: Bar Reversal Current Signal -> (1) 20 Apr: BULLISH (2) 19 Apr: BEARISH (3) 18 Apr: NEUTRAL

low for WSA has not surpassed the low of the previous trading session
Low Price /
low for WSA has not surpassed the low of the previous trading session

[BULLISH]: Western Areas current downtrend in the first timeframe. Currently, the Low is $3.6450 (-3.1 %).

Fibonacci Extensions /
Western Areas has broken above the 161.8% extension level ($1.2000) [Bearish]

Western Areas has moved above the 161.8% level ($1.2000) [Bearish]. Look for a short limit order entry near this point. Exit price for WSA should be set @$1.1400 & short position stoploss for Western Areas should be set at $1.2600

Elders Force Index /
[Buying Pressure]: Elders Force Index (177370.0000) confirms bullish conditions are intact

[BULLISH]: Western Areas current price has highlighted recent buying pressure. Currently, the Elders Force Index is 177370.0000.

Relative Strength Index /
Western Areas is no longer overbought and normal trading conditions are resumed [NEUTRAL]

WSA: RSI Recent Trading -> (1) 20 Apr: 69.7669 (2) 19 Apr: 80.1340 (3) 18 Apr: 73.2356

On Balance Volume /
Western Areas: Confirmation of stock accumulation

[BULLISH]: Western Areas current price has highlighted recent accumulation. Currently, the OBV is 2.48253e+007.

Daily trading has confirmed an ATR uptrend (0.1370) for Western Areas
Average True Range /
Daily trading has confirmed an ATR uptrend (0.1370) for Western Areas

[Bullish]: Average True Range has confirmed an uptrend is present. Western Areas has a TR of 0.2150, and an ATR(14) of 0.1370.

[Bull Power]: Prices are being driven above the consensus of value for WSA during the last trading session
Elder Ray Index /
[Bull Power]: Prices are being driven above the consensus of value for WSA during the last trading session

[BULLISH]: Western AreasElder Ray Index is signalling a Bullish movementERI is 0.2710 indicating bull power. Prices are being driven above the consensus of value for WSA during the last trading session [Buying Pressure]

Closing Price /
Weaker price performance from WSA has seen a lower close of -3.9 % [Downtrend]

[BEARISH]: Western Areas current downtrend in the first timeframe. Currently, the Close is $3.7100.

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