WBC Westpac Banking Corp ASXTriangle Pattern, breaking out to upside - likely to see increases for the next 4-10 weeks
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1.25 EUR
4.34 B EUR
35.72 B EUR
3.42 B
About WESTPAC BANKING CORPORATION
Sector
Industry
CEO
Anthony Miller
Website
Headquarters
Sydney
Founded
2002
ISIN
AU000000WBC1
FIGI
BBG000F02VS1
Westpac Banking Corp. engages in the provision of banking and financial services. It operates through the following segments: Consumer, Business, Westpac Institutional Bank, Westpac New Zealand, Specialist Businesses and Group Businesses. The Consumer segment provides banking products, including mortgages, credit cards, personal loans, and savings and deposit products. The Business segment serves the banking needs of SME and commercial customers, including agribusiness and provides banking and advisory services to high net worth individuals through private wealth. The Westpac Institutional Bank segment provides a broad range of financial products and services to corporate, institutional and government customers. The Westpac New Zealand segment provides banking, wealth and insurance products and services for consumer, business and institutional customers in New Zealand. The Specialist Businesses segment comprises the operations that Westpac ultimately plans to exit with agreements in place for the sale of Westpac Life Insurance and motor vehicle dealer finance and notated leasing businesses. The Group Businesses segment includes the results of unallocated support functions such as treasury, chief operating office and core support. It also includes group-wide elimination entries arising on consolidation, centrally raised provisions and other unallocated revenue and expenses. The company was founded in 1817 and is headquartered in Sydney, Australia.
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.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
WBK5298889
Westpac Banking Corporation 3.133% 18-NOV-2041Yield to maturity
7.20%
Maturity date
Nov 18, 2041
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6.02%
Maturity date
Nov 20, 2035
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5.59%
Maturity date
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Westpac Banking Corporation 3.02% 18-NOV-2036Yield to maturity
5.14%
Maturity date
Nov 18, 2036
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Frequently Asked Questions
The current price of WBC is 17.90 EUR — it has increased by 1.70% in the past 24 hours. Watch WESTPAC BANKING CORP stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on GETTEX exchange WESTPAC BANKING CORP stocks are traded under the ticker WBC.
WBC stock has risen by 3.09% compared to the previous week, the month change is a −0.90% fall, over the last year WESTPAC BANKING CORP has showed a 12.62% increase.
We've gathered analysts' opinions on WESTPAC BANKING CORP future price: according to them, WBC price has a max estimate of 20.95 EUR and a min estimate of 12.22 EUR. Watch WBC chart and read a more detailed WESTPAC BANKING CORP stock forecast: see what analysts think of WESTPAC BANKING CORP and suggest that you do with its stocks.
WBC stock is 0.30% volatile and has beta coefficient of 1.31. Track WESTPAC BANKING CORP stock price on the chart and check out the list of the most volatile stocks — is WESTPAC BANKING CORP there?
Today WESTPAC BANKING CORP has the market capitalization of 60.91 B, it has increased by 4.86% over the last week.
Yes, you can track WESTPAC BANKING CORP financials in yearly and quarterly reports right on TradingView.
WESTPAC BANKING CORP is going to release the next earnings report on May 5, 2025. Keep track of upcoming events with our Earnings Calendar.
WBC earnings for the last half-year are 0.64 EUR per share, whereas the estimation was 0.62 EUR, resulting in a 3.63% surprise. The estimated earnings for the next half-year are 0.58 EUR per share. See more details about WESTPAC BANKING CORP earnings.
WESTPAC BANKING CORP revenue for the last half-year amounts to 6.80 B EUR, despite the estimated figure of 6.79 B EUR. In the next half-year revenue is expected to reach 6.36 B EUR.
WBC net income for the last half-year is 2.26 B EUR, while the previous report showed 2.02 B EUR of net income which accounts for 12.07% change. Track more WESTPAC BANKING CORP financial stats to get the full picture.
WESTPAC BANKING CORP dividend yield was 4.76% in 2024, and payout ratio reached 75.17%. The year before the numbers were 6.71% and 69.16% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 24, 2025, the company has 35.24 K employees. See our rating of the largest employees — is WESTPAC BANKING CORP on this list?
Like other stocks, WBC 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 BANKING CORP 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 BANKING CORP technincal analysis shows the buy rating today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating WESTPAC BANKING CORP stock shows the buy signal. See more of WESTPAC BANKING CORP 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.