Woodside Petroleum (WPL)

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Woodside Petroleum (WPL): Signals

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Moving Average Convergence/Divergence (MACD) is an indicator that shows the relationship between two moving averages. It is calculated as a difference between the fast and slow moving averages. The historically popular is the difference between a securities 26-day and 12-day Exponential Moving Averages (EMA).

Calculation:: Moving Average Convergence Divergence (MACD);
1) MACD Line: (12-day EMA - 26-day EMA);
2) Signal Line: 9-day EMA of MACD Line;
3) MACD Histogram: MACD Line - Signal Line;

PROFILE: Woodside Petroleum (WPL.AX)

Stock Exchange: ASX
Company: Woodside Petroleum
Ticker Codes: | WPL.AX | ASX:WPL |

About Woodside Petroleum (ASX:WPL):

Woodside Petroleum Ltd, an independent oil and gas company, engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons. The company's products include liquefied natural gas, pipeline natural gas, condensate, liquefied petroleum gas, and crude oil. It holds interests in the North West Shelf project located in Western Australia; and operates a fleet of floating oil production, storage, and offloading facilities in Australia. The company's exploration portfolio includes emerging and frontier provinces in Australia and the Asia-Pacific region, the Atlantic margins, and Sub-Saharan Africa. It is also involved in the provision of trading, LNG processing, ship chartering, and other services. The company operates in Oceania, Asia, Canada, Africa, and internationally. Woodside Petroleum Ltd was founded in 1954 and is headquartered in Perth, Australia.

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