Westpac Banking Corporation (WBC)

Download button icon Download

Westpac Banking Corporation (WBC): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Westpac Banking Corporation (WBC.AX)


Indicator:

CAMARILLA PIVOT POINT


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Westpac Banking Corporation (ASX:WBC) current pivot point Camarilla is: $25.247.

The current resistance levels are: (R1) $27.444
(R2) $29.548
(R3) $31.652
(R4) $37.964

The current support levels are: (S1) $23.236
(S2) $21.132
(S3) $19.028
(S4) $12.717



Camarilla pivot points were discovered in 1989 by Nick Scott, a successful bond trader. The basic thesis for this strategy is a common one: That price, as most time series, has a tendency to revert to its mean.

Calculation: Camarilla Pivot Points:
1) R4 = Close + (High – Low) * 1.1/2;
2) R3 = Close + (High – Low) * 1.1/4;
3) R2 = Close + (High – Low) * 1.1/6;
4) R1 = Close + (High – Low) * 1.1/12;
5) PP = (HIGH + LOW + CLOSE) / 3;
6) S1 = Close – (High – Low) * 1.1/12;
7) S2 = Close – (High – Low) * 1.1/6;
8) S3 = Close – (High – Low) * 1.1/4;
9) S4 = Close – (High – Low) * 1.1/2;


PROFILE: Westpac Banking Corporation (WBC.AX)


Stock Exchange: ASX
Company: Westpac Banking Corporation
Ticker Codes: | WBC.AX | ASX:WBC |

About Westpac Banking Corporation (ASX:WBC):

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, Asia, the Pacific region, and internationally. It operates through five divisions: Consumer Bank, Business Bank, BT Financial Group, Westpac Institutional Bank, and Westpac New Zealand. It offers everyday banking, savings, term deposit, moving to Australia, under 21 and student, business, community solutions one, not-for-profit savings, and foreign currency accounts; term, tailor-made, and farm management deposits; debit, credit, and travel money cards; home, personal, investment, small business, and commercial loans; and equipment, automotive, cash flow, property, and insurance premium financing services. It also provides home and content, landlord, car, travel, boat, caravan and trailer, life, credit card and loan repayment, income protection, business, farm pack, person income, and business overheads insurance products; superannuation and retirement products; investment portfolios; installment warrants; and trading, financial advisory, wealth, foreign currency exchange, international payment, cash flow management, international trade, and import and export services. In addition, it offers industry specific banking and treasury services; other services, such as emergency cash, online and telephone banking, ATMs, unclaimed money, travel center, margin lending, and banking services to migrants moving to Australia; and mobile wallets. Further, it provides capital advisory and fund management, transactional and private banking, and financial market services; and corporate and structured finance, as well as trade and supply chain finance. It serves individuals; micro, small, and medium enterprises; and commercial, corporate, institutional, and government customers. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in October 1982. The company was founded in 1817 and is headquartered in Sydney, Australia.

Top 10:

Camarilla Pivot Points

Download button icon Download
Company Close Change (%) Volume Value Signal
ISD Isentia 0.31 41.9 9,321,339 0.03 BULLISH CROSSOVER
APX Appen 12.46 11.5 1,806,225 0.19 BULLISH CROSSOVER
FIG Freedom Insurance 0.06 9.3 846,374 0 BULLISH CROSSOVER
MOY Millennium Minerals 0.2 8.1 273,345 0 BULLISH CROSSOVER
TZN Terramin Australia 0.14 8 359,269 0 BULLISH CROSSOVER
EWC Energy World Corporation 0.17 6.5 13,824 0 BULLISH CROSSOVER
ELD ELD 7.44 5.5 1,017,702 0.12 BULLISH CROSSOVER
NWH NRW 1.77 5.1 1,466,791 0.04 BULLISH CROSSOVER
RRL Regis Resources 4.36 5.1 2,623,260 0.05 BULLISH CROSSOVER
KGN Kogan 2.78 4.9 695,737 0.04 BULLISH CROSSOVER
back to top