Whitehaven Coal (WHC)

Download button icon Download

Whitehaven Coal (WHC): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Whitehaven Coal (WHC.AX)


Indicator:

WEIGHTED MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $4.48
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.


Whitehaven Coal (ASX:WHC) currently has a confirmed downtrend. Recent trading has caused the WMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is -0.2%.



Weighted moving averages (WMA) are difficult to construct but more reliable than the simple moving averages. WMA permits an unequal weighting on prior time periods.

Calculation: Weighted Moving Average (WMA):
1) Ft= W1At-1 + WnAt-n


PROFILE: Whitehaven Coal (WHC.AX)


Stock Exchange: ASX
Company: Whitehaven Coal
Ticker Codes: | WHC.AX | ASX:WHC |

About Whitehaven Coal (ASX:WHC):

Whitehaven Coal Limited develops and operates coal mines in New South Wales. The company operates through Open Cut Operations and Underground Operations segments. It operates five mines in North West New South Wales; four open cut mines at Maules Creek, Werris Creek, Tarrawonga, and Rocglen; and one underground mine at Narrabri. The company offers thermal coal and metallurgical coal used in the production of steel. As of August 17, 2017, it had approximately 974 million tons of recoverable coal reserves; and 862 million tons of marketable coal reserves. The company sells its coal primarily in Japan, Taiwan, India, Korea, China, Chile, Malaysia, Vietnam, Noumea, Indonesia, Australia, and Mexico. Whitehaven Coal Limited was founded in 1999 and is headquartered in Sydney, Australia.

Top 10:

Weighted Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
CLQ Clean Teq Holdings 0.33 4.8 1,404,811 -6.6 BEARISH
OSP Osprey Medical 0.11 4.8 5,000 -1.8 BEARISH
SAR Saracen Mineral 3.05 4.8 5,818,759 -2.3 BEARISH
MNS Milnes Holdings 0.3 3.4 266,202 -6.8 BEARISH
SWM Seven West Media 0.54 2.9 6,398,075 -1.5 BEARISH
SIQ Smartgroup 8.7 2.5 1,867,370 -7.2 BEARISH
SIV Silver Chef 1.8 2.3 45,557 -5.5 BEARISH
GXY Galaxy Resources 1.98 2.3 3,564,048 -0.3 BEARISH
AMP AMP 2.27 2.3 19,538,735 -1.6 BEARISH
DTL Data#3 1.64 2.2 169,028 -1 BEARISH
back to top