Technical Analysis for WBK - Westpac Banking Corporation

Grade Last Price % Change Price Change
A 19.43 0.52% 0.10
WBK closed up 0.52 percent on Wednesday, April 14, 2021, on 1.11 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical WBK trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New Uptrend Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
Outside Day Range Expansion 0.52%
Overbought Stochastic Strength 0.52%
Narrow Range Bar Range Contraction 0.36%
NR7 Range Contraction 0.36%
Overbought Stochastic Strength 0.36%
Older End-of-Day Signals for WBK ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible Pocket Pivot about 10 hours ago
Upper Bollinger Band Resistance about 13 hours ago
New 52 Week High about 14 hours ago
60 Minute Opening Range Breakout about 15 hours ago
Rose Above Previous Day's High about 15 hours ago
View Earlier Intraday Alerts

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Profile

Westpac Banking Corporation Description

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.


Classification

Sector: Financial Services
Industry: Banks - Global
Keywords: Banking Bank Debt Securities Commercial Bank Disability Managed Account Banking Solution Personal Banking Banking Solutions Corporate Banking Trade Finance Cellular Telephone Electronic Funds Transfer Agribusiness Merchant Services Point Of Sale International Trade Energy Products Retirement Products Finance Products Business Banking Products Investment Solutions Online Payments Corporate Banking Services Equipment Finance Institutional Banking Personal Banking Products Asset Finance Banks Of Australia Fund Management Trade Finance Products Transaction Banking Cash Flow 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

Indicators

Indicator Value
52 Week High 19.49
52 Week Low 9.14
Average Volume 104,121
200-Day Moving Average 14.81
50-Day Moving Average 18.53
20-Day Moving Average 18.87
10-Day Moving Average 19.07
Average True Range 0.23
ADX 25.59
+DI 33.94
-DI 15.26
Chandelier Exit (Long, 3 ATRs ) 18.80
Chandelier Exit (Short, 3 ATRs ) 18.81
Upper Bollinger Band 19.52
Lower Bollinger Band 18.22
Percent B (%b) 0.93
BandWidth 6.89
MACD Line 0.22
MACD Signal Line 0.18
MACD Histogram 0.0414
Fundamentals Value
Market Cap 70.15 Billion
Num Shares 3.61 Billion
EPS 1.70
Price-to-Earnings (P/E) Ratio 11.42
Price-to-Sales 3.71
Price-to-Book 1.09
PEG Ratio 15.27
Dividend 0.44
Dividend Yield 2.26%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.67
Resistance 3 (R3) 19.66 19.58 19.63
Resistance 2 (R2) 19.58 19.52 19.58 19.62
Resistance 1 (R1) 19.50 19.48 19.54 19.51 19.60
Pivot Point 19.42 19.42 19.44 19.42 19.42
Support 1 (S1) 19.34 19.36 19.38 19.35 19.26
Support 2 (S2) 19.26 19.32 19.26 19.24
Support 3 (S3) 19.18 19.26 19.23
Support 4 (S4) 19.19