Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Westpac Banking Corporation (NYSE:WBK)
Sidelines Mode (+55) - WBK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid WBK?
MarketClub looks at technical strength and momentum to determine if the timing is right for WBK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WBK
The long-term trend has been DOWN since Jul 15th, 2021 at 18.60
The intermediate-term trend has been UP since Oct 7th, 2021 at 19.09
The short-term trend has been DOWN since Oct 12th, 2021 at 18.95
Smart Scan Analysis for WBK
Based on our trend formula, WBK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||25.59||Year High Date||2018-01-30|
|Year Low||18.22||Year Low Date||2018-10-26|
|52wk High||20.82||52wk High Date||2021-06-08|
|52wk Low||12.28||52wk Low Date||2020-11-04|
|Year End Close||137.91||Average Volume||104,980|
|Shares Outstanding||1,753,000||Short Interest||208,305|
|% Institutional||0.4||Market Cap||70,569M|