WBC Westpac Banking Corp ASXTriangle Pattern, breaking out to upside - likely to see increases for the next 4-10 weeks
Key stats
About WESTPAC BANKING CORPORATION
Sector
Industry
CEO
Anthony Miller
Website
Headquarters
Sydney
Founded
2002
ISIN
AU0000306557
FIGI
BBG01K8596D7
Buying Idea WBCWBC bouncing back from 50 day MV, with positive market sentiment could see this going back up from here. keeping a tight stop at 29.97 to see if this going to work.
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BEN BO continuationBEN broke out of a weekly trend much like WBC and is consolidating. Watching hourly channel for a BO for entry
ASX - WBC: 24 Apr, 2024© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M.
Details: The shorter-term outlook suggests that the ((iii))-green wave has recently peaked, and the ((iv))-green wave has unfolded in the form of a Flat correction, with the ((iv))-wave likely completed. The ((v))-green wave is now unfol
WBC short term longI'm no charting expert however this seems glaringly obvious.
Formation of a triangle squeezing price for the next bar or two and there should be some movement, in this case I'm predicting movement upwards.
Keep an eye on volume, if there is more than avg volume it solidifies the upward trend in th
Strong result and reasonable valuation Westpac shares bucked the trend amongst its banking peers rising after revealing its half-year result for the first half of the 2023 financial year. Cash earnings came in at $4,001m which rose +22% from last year benefiting from higher interest rates and making progress to become a simpler, stronger
Analysis: Spring effect: Buy ideaAs you see on the chart we will have a big probability of an uptrend because we have a spring effect on the vwap indicator and also on the support line. Thanks!
Shares - ASX200 - Westpac WBC Descending Triangle SHORTASX 200 - Westpac descending triangle breakout. High probably pattern. Target is set at 21.60. STO is low so entry price between 22.60 and 22.90. Expect levels around the 20.60 level as a take profit.
Volume: pretty low showing lack of support.
RSI: The new low has been confirmed by a new RSI lo
WBC.ASX_Bearish Breakdown Trade_ShortENTRY: 20.70
SL: 21.52
TP: 20.22
- ADX<25. Would like to be higher.
- Daily RS +ve
- Daily FFI +ve
- Weekly RS -ve
- Weekly FFI +ve
- Moving averages are aligned.
- Price breakdown from uptrend line on 26 Sep 2022.
- Entry based on today breakdown from previous low (20.78) and >3% rebound off 10EMA
WBC - Bearish rising wedge patternWBC - Bearish rising wedge pattern.
Usually, in a strong overall downtrend (as in this example), rising wedges patterns breakout to the downside.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
WBK5298889
Westpac Banking Corporation 3.133% 18-NOV-2041Yield to maturity
7.52%
Maturity date
Nov 18, 2041
WBK5938804
Westpac Banking Corporation 5.618% 20-NOV-2035Yield to maturity
6.22%
Maturity date
Nov 20, 2035
WBK5700765
Westpac Banking Corporation 6.82% 17-NOV-2033Yield to maturity
5.94%
Maturity date
Nov 17, 2033
WBK5809259
Westpac Banking Corporation FRN 16-APR-2029Yield to maturity
5.24%
Maturity date
Apr 16, 2029
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Frequently Asked Questions
The current price of WBCPM is 104.300 AUD — it has increased by 0.22% in the past 24 hours. Watch WESTPAC NYR3QUT stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange WESTPAC NYR3QUT stocks are traded under the ticker WBCPM.
WBCPM stock has fallen by −1.05% compared to the previous week, the month change is a −3.06% fall, over the last year WESTPAC NYR3QUT has showed a 0.96% increase.
WBCPM reached its all-time high on Oct 25, 2024 with the price of 108.500 AUD, and its all-time low was 101.200 AUD and was reached on Jan 15, 2024. View more price dynamics on WBCPM chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
WBCPM stock is 0.27% volatile and has beta coefficient of 0.09. Track WESTPAC NYR3QUT stock price on the chart and check out the list of the most volatile stocks — is WESTPAC NYR3QUT there?
No, WBCPM doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, WBCPM shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade WESTPAC NYR3QUT stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So WESTPAC NYR3QUT technincal analysis shows the strong sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating WESTPAC NYR3QUT stock shows the strong sell signal. See more of WESTPAC NYR3QUT technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.