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:

SIMPLE MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $24.88
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Westpac Banking Corporation (ASX:WBC) currently has a confirmed downtrend. This means the SMA 15 day average has moved below the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is -2.2%.



A simple moving average is formed by computing the average price of a security over a specific number of periods. Most moving averages are based on closing prices.

Calculation: Simple Moving Average:
1) SMA: n period sum / n;


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:

Simple Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
MWY Midway 3.4 9.7 157,117 -6.6 BEARISH
API Australian Pharmaceutical 1.6 8.5 4,383,227 -6.2 BEARISH
MCY Mighty River Power 3.69 7.9 1,417 -3.4 BEARISH
PWH PWR 3.4 6.9 58,354 -3.6 BEARISH
GRR Grange Resources 0.2 5.3 607,535 -1.9 BEARISH
VTG Vita 1.1 4.8 134,439 -17.3 BEARISH
OSP Osprey Medical 0.12 4.5 345,993 -0.4 BEARISH
FSA FSA 1.04 4.5 14,040 -4.2 BEARISH
SMN Structural Monitoring Systems 0.98 4.3 51,540 -10 BEARISH
MLX Metals X 0.39 4 985,823 -6.4 BEARISH
back to top