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Westpac Banking Corporation

WBCPL.AX Technical Analysis Summary (ASX)

Analyze WBCPL.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

WBCPL.AX●ASX
Financial ServicesBanks - Diversified
$103.40
$0.27(0.26%)
Australian Market opens in 65h 4m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

WBCPL.AX Technical Analysis Summary (ASX)

Westpac Banking Corporation (ASX: WBCPL.AX) stock currently shows a bearish trend on the ASX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 38.92)
Trend Strength:Moderate (ADX: 21.19)
Volatility:Low (ATR: 0.46)
Support/Resistance:$103.03 – $103.76 (Bollinger Bands)

Technical conditions suggest Westpac Banking Corporation on the ASX is awaiting a decisive move. Overall, Westpac Banking Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 38.92

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 37.21

Bearish
Momentum remains weak below midpoint.

Williams %R: -90.70

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -0.45

Neutral
Price change is minimal.

Takeaway:Westpac Banking Corporation shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.28

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.19

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.46

Low
Low volatility, stable price action.

CCI (14): -39.70

Bearish
Bearish, momentum remains under pressure.

Takeaway:Westpac Banking Corporation shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$103.76
Middle Band (SMA 20)
$103.40
Lower Band
$103.03
Current Position
Within Bands

Takeaway:Westpac Banking Corporation trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$104.50
Middle Line (EMA 20)
$103.57
Lower Channel
$102.65
Squeeze Status
Squeeze On

Takeaway:Westpac Banking Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume31.38K
Money Flow Index37.22Bearish, selling pressure outweighs inflows.
Relative Vigor Index59.89Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:WBCPL.AX shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Westpac Banking Corporation (ASX: WBCPL.AX), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Westpac Banking Corporation are mixed, suggesting a Hold or wait-and-see approach.

(ASX: WBCPL.AX) Technical Analysis FAQ