WTP | Australian Stock Exchange

Watpac
+ Share

Open/close reversal confirmed for Watpac signalling the buyers have lost commitment
Open Tod Vs Close Tod /
Open/close reversal confirmed for Watpac signalling the buyers have lost commitment

[BULLISH WEAK]: Watpac opened in the lower part of daily range at 0% & closed in the middle part of the trading range at 50%. This suggests the buyers have lost commitment. Over the last 12 months there has been 31 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 11.8%. Over the last month there has been 1 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 7.1%.

Watpac: Three White Soldiers
Three White Soldiers /
Watpac: Three White Soldiers

WTP: Continuation Candlestick Current Signal -> (1) 19 Jul: NEUTRAL (2) 18 Jul: BULLISH (3) 17 Jul: BEARISH

Commodity Channel Index /
Watpac: The CCI overbought signal has been confirmed

[BEARISH CROSSOVER]: Watpac current price has driven Commodity Channel Index to become overbought signalling the start of bearish trading conditions. Currently, the CCI is 147. During the quarter, the highest CCI value was 147. The last overbought signal occurred on May 28 2018

Pivot Points /
Pivot point for WTP is bullish. Stoploss should be positioned @$0.71

Watpac has broken the first resistance point ($0.74) [Bullish]. Look for a long limit order entry near this point. Exit price for WTP should be set @$0.75 & Stoploss for Watpac should be set between $0.71 & $0.7

Williams %R /
William %R Overbought signal continues for Watpac indicating downward price movement is likely

[BULLISH]: Watpac is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Closing Price /
Watpac: Daily performance is 0.7 % [Uptrend]

[BULLISH]: Watpac current uptrend in the first timeframe. Currently, the Close is $0.73.

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Weighted Moving Average /
[Bullish]: WMA(5) is serving as a support line for Watpac

[BULLISH]: Watpac currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.7%.

WTP Basic Candle: White
White Candle /
WTP Basic Candle: White

[BULLISH]: Watpac has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

Watpac: Daily high price is $0.74 [Higher High]
High Price /
Watpac: Daily high price is $0.74 [Higher High]

[BULLISH]: Watpac current uptrend in the first timeframe. Currently, the HIGH is 2.1 %.

Volume /
Watpac: Daily volume is 110493 [Lower Volume]

[BEARISH]: Watpac current volume downtrend in the first timeframe. Volume for WTP is 110493 (-49.9).

Short Trend /
Daily bar has again closed the day with an Uptrend for WTP

[BULLISH]: Watpac is in an uptrend in the short term timeframe. The buyers have dominated the daily trade, however further confirmation is required before taking a position.

Accumulation / Distribution /
Recent trading signals Watpac is being distributed

[BEARISH]: Watpac current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -115268.

Positive momentum for WTP is a leading indicator for continued price rise
Momentum /
Positive momentum for WTP is a leading indicator for continued price rise

[BULLISH]: Watpac currently has positive momentum of 0.048. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 0.7%. The largest upward momentum rally for the last 3 months is 5 days producing a return of 5%.

Confirmation of Watpac is currently being accumulated via DVI
Daily Volume Index /
Confirmation of Watpac is currently being accumulated via DVI

[BULLISH]: Watpac current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 263.

Stochastic Oscillator /
Stochastic Overbought signal continues for Watpac indicating downward price movement is likely

[BEARISH]: Watpac is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Bear Harami /
Watpac: Bear Harami

[BEARISH]: Watpac has formed a new Bear Harami reversal pattern.

Sine Weighted Moving Average /
[Uptrend]: Recent trading for WTP indicates ST trend is likely to continue

WTP: SWMA Current Signal -> (1) 19 Jul: BULLISH (2) 18 Jul: BULLISH CROSSOVER (3) 17 Jul: BEARISH CROSSOVER

Watpac: Percentage Volume Oscillator (-7.76)
Percentage Volume /
Watpac: Percentage Volume Oscillator (-7.76)

[BEARISH]: Watpac currently has negative PVO -7.76%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 2.3%.

Closing price for WTP has crossed above the upper Bollinger Band triggering a bearish crossover signal
Bollinger Bands /
Closing price for WTP has crossed above the upper Bollinger Band triggering a bearish crossover signal

[BEARISH CROSSOVER]: Watpac has initiated a Overbought signal, highlighting the potential for a short term trend reversal in the downward direction. The current level is 94.44% with a current width of 9.33.

Triangular Moving Average(5) signal continues for Watpac indicating upward price movement is likely
Triangular Moving Average /
Triangular Moving Average(5) signal continues for Watpac indicating upward price movement is likely

WTP: TMA Current Signal -> (1) 19 Jul: BULLISH (2) 18 Jul: BULLISH (3) 17 Jul: BULLISH

Fibonacci Extensions /
Watpac has broken below the 161.8% extension level ($15.85) [Bullish]

Watpac has moved below the 161.8% level ($15.85) [Bullish]. Look for a long limit order entry near this point. Exit price for WTP should be set @$17.41 & Stoploss for Watpac should be set at $14.29

Aroon Oscillator /
Recent trading indicates Aroon downward trend direction likely for WTP [Strong Downtrend]

WTP: Aroon Oscillator Current Signal -> (1) 19 Jul: BEARISH STRONG (2) 18 Jul: BEARISH STRONG (3) 17 Jul: BEARISH STRONG

Low Price /
Watpac has reached a new low of $0.72 (4.3 %)

[BEARISH]: Watpac current uptrend in the first timeframe. Currently, the Low is $0.72 (4.3 %).

Price Range /
Range for WTP has not surpassed the range of the previous trading session

WTP: Price Range Current Signal -> (1) 19 Jul: BEARISH (2) 18 Jul: BULLISH (3) 17 Jul: BULLISH

The volume MACD continues to rise above the signal line for WTP [Bullish]
MACD Volume /
The volume MACD continues to rise above the signal line for WTP [Bullish]

WTP: Volume MACD Recent Trading -> (1) 19 Jul: 20040 (2) 18 Jul: 18383 (3) 17 Jul: 3663

Recent trading has opened 2.9 % lower than previous close for WTP
Opening Price /
Recent trading has opened 2.9 % lower than previous close for WTP

[BEARISH]: Watpac opening price has gapped down. Currently, the OPEN is $0.72 (2.9 %).

On Balance Volume /
WTP: Current trading activity signals OBV distribution is active

[BEARISH]: Watpac current price has highlighted recent distribution. Currently, the OBV is -115785.

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