Technical Analysis for WBK - Westpac Banking Corporation

Grade Last Price % Change Price Change
grade D 18.59 -1.12% -0.21
WBK closed down 1.12 percent on Friday, March 22, 2019, on 77 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical WBK trend table...

Date Alert Name Type % Chg
Mar 22 Fell Below 50 DMA Bearish 0.00%
Mar 22 MACD Bearish Centerline Cross Bearish 0.00%
Mar 22 Bollinger Band Squeeze Range Contraction 0.00%
Mar 22 Lower Bollinger Band Walk Weakness 0.00%
Mar 22 BB Squeeze + Lower Band Touch Range Contraction 0.00%
Mar 22 Below Lower BB Weakness 0.00%
Mar 22 Lower Bollinger Band Touch Weakness 0.00%
Mar 22 Oversold Stochastic Weakness 0.00%
Mar 21 Bullish Engulfing Bullish -1.12%
Mar 21 Crossed Above 50 DMA Bullish -1.12%

Older signals for WBK ...

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Profile
Westpac Banking Corporation provides various banking and financial services. It offers personal banking products comprising transaction and savings accounts; term deposits; debit and credit cards; home loans; personal loans and overdraft facility; home and contents, life, car, travel, credit and loan repayment, disability and living, and income protection and business overheads insurance; superannuation and retirement products; and investment solutions, including cash rate and managed funds, managed accounts, protected lending, investment loans, wrap products, and alternative investments. The company also provides business banking products consisting of business savings, not-for-profit, agribusiness, and trust accounts; business term deposits; short term and long term finance, equipment finance and leasing, and agribusiness finance; merchant services, including electronic funds transfer point of sale terminals, online payments, and mobile phone payments; business and farm insurance; and international trade solutions comprising foreign exchange, cash flow management, export and import services, and trade finance products. In addition, it offers corporate banking services comprising debt market solutions, including debt capital products, equity issuance and structuring solutions, loans, bonds, structured and asset finance, fixed interest and debt securities, and interest rate derivatives; transaction banking solutions; foreign exchange; investing solutions, consisting of fund management, corporate superannuation, and managed investments; commercial cards; and institutional banking services, such as commodities, carbon, and energy products. As of September 30, 2012, the company operated 1,538 branches primarily in Australia, New Zealand, and the Pacific Islands. The company was formerly known as Bank of New South Wales and changed its name to Westpac Banking Corporation in 1982. Westpac Banking Corporation was founded in 1817 and is headquartered in Sydney, Australia.
Financial Services Banking Bank Commercial Bank Ing Australia Ing Group Cellular Telephone Merchant Services Retirement Products Energy Products Corporate Banking Services Investment Solutions Asset Finance Business Banking Products Online Payments Personal Banking Products Equipment Finance Trade Finance Products Banks Of Australia Fund Management Institutional Banking Services Trade Solutions
Is WBK a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 22.87
52 Week Low 16.41
Average Volume 305,259
200-Day Moving Average 19.6456
50-Day Moving Average 18.7508
20-Day Moving Average 18.989
10-Day Moving Average 18.877
Average True Range 0.2025
ADX 11.24
+DI 23.832
-DI 31.055
Chandelier Exit (Long, 3 ATRs ) 18.6525
Chandelier Exit (Short, 3 ATRs ) 19.1875
Upper Bollinger Band 19.3291
Lower Bollinger Band 18.6489
Percent B (%b) -0.09
BandWidth 3.582074
MACD Line -0.0083
MACD Signal Line 0.0627
MACD Histogram -0.071
Fundamentals Value
Market Cap 62.24 Billion
Num Shares 3.35 Billion
EPS 1.79
Price-to-Earnings (P/E) Ratio 10.39
Price-to-Sales 5.25
Price-to-Book 1.80
PEG Ratio 0.00
Dividend 1.39
Dividend Yield 7.48%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.82
Resistance 3 (R3) 18.84 18.78 18.78
Resistance 2 (R2) 18.78 18.73 18.77 18.76
Resistance 1 (R1) 18.69 18.69 18.66 18.67 18.75
Pivot Point 18.63 18.63 18.62 18.62 18.63
Support 1 (S1) 18.54 18.58 18.51 18.52 18.43
Support 2 (S2) 18.48 18.54 18.47 18.42
Support 3 (S3) 18.39 18.48 18.40
Support 4 (S4) 18.37