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:

3RD TIMEFRAME TREND


Last Signal:

BULLISH


Trading: BUY @ $5.4
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 been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.


Whitehaven Coal (ASX:WHC) has a LONG timeframe uptrend confirmation. This was confirmed through a price breakout on the Sep 12 2018.



The Tricklar long term trend indicator (T3) highlights the peaks and troughs associated with a combination of peaks and troughs contained within the third timeframe. As such, successive rallies penetrating preceding higher peaks whilst cancelling preceding low points offer a BULLISH indication in the third time frame. Conversely, failure of rallies to penetrate previous high points whilst maintaining prices below the previous low points indicates BEARISH trends in the third timeframe. The way in which multiple timeframes should be integrated in a complete analysis emphasises an important principle that applies to all technical analysis. The investor should always analyse a market from the big picture down to the level at which trading decisions are made. Trends can exist in many timeframes. Short term trends can therefore be seen together as part of a medium term trend and, in turn, medium trends can be seen together as part of a long term trend.

Calculation: Tricklar long trend (T3):
1) [BULLISH] An uptrend is a succession of higher peaks and higher troughs in the third timeframe;
2) [BEARISH] A downtrend is a succession of lower peaks and lower troughs in the third timeframe;


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:

3rd timeframe trend

Download button icon Download
Company Close Change (%) Volume Value Signal
SMX Sms Management & Technology 0.24 17.1 189,500 0 NEUTRAL
GGG Greenland Minerals 0.1 16.3 5,387,397 0 NEUTRAL
AYS Amaysim Australia 1.06 9.3 280,426 0 NEUTRAL
MNS Milnes Holdings 0.31 8.9 461,897 0 NEUTRAL
GSC Global Geoscience 0.26 8.3 3,871,071 0 NEUTRAL
CSV CSG 0.2 8.1 321,533 0 NEUTRAL
BRN Brainchip Holdings 0.14 8 628,933 0 NEUTRAL
GSW Getswift 0.58 7.4 181,079 0 NEUTRAL
PNV Polynovo 0.6 7.2 702,280 0 NEUTRAL
PME Pro Medicus 10.28 7 190,192 0 NEUTRAL
back to top