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WEBNF Stock Forecast & Westpac Banking Corporation Chart Analysis

This article provides a detailed analysis of WEBNF-Westpac Banking Corporation stock including a forecast for WEBNF shares. It features Westpac Banking Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

WEBNF Historical Data Review

WEBNF Current Price Performance Analysis

The Westpac Banking Corporation - WEBNF stock traded on the American stock market, on 06-05-2024, closed at 17.85$ with a %3.78 increased compared to the previous day.

In the last month, the price of WEBNF changed by %-0.22 decreased in value, from 17.89 dollars on 05-06-2024 to 17.85 dollars, decreased.

Last year, the price of WEBNF was 13.64 dollars on 06-06-2023, and changed by %30.87 increased in value, to 17.85 dollars increased within a year.

The price of Westpac Banking Corporation stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

WEBNF with AI Stock Forecast & Price Target

WEBNF stock forecast Westpac Banking Corporation price target

On the WEBNF chart Westpac Banking Corporation price was recorded as 17.85 Dollars on 06/05/2024.

The artificial intelligence's forecast on WEBNF stock is as follows.

The artificial intelligence's prediction error margin for WEBNF stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Westpac Banking Corporation stock over the next 4 months is: 15.0 Dollars.

The commentary on WEBNF stock Target Price: Highest: 17.33 Dollars is predicted.

The commentary on WEBNF stock Target Price: Lowest: 13.947 Dollars is predicted.

Resistance Price where Westpac Banking Corporation stock will Rise and Fall:

Date Price Prediction
06-20-2024 17.330
09-13-2024 15.446
01-01-2025 14.423
02-20-2025 14.804

Support Price where Westpac Banking Corporation stock will Fall and Rise:

Date Price Prediction
08-19-2024 15.118
11-12-2024 13.947
01-06-2025 14.397
03-27-2025 14.411

The commentary on WEBNF stock: Fluctuations in the target price can be expected in the coming days.

The target price for Westpac Banking Corporation stock by the end of 2024 is predicted to be 14.415 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on WEBNF stock, and the 2024 target price predictions for Westpac Banking Corporation are detailed above.

The technical analysis and charts for the commentary on WEBNF stock are below.

WEBNF Support & Resistance and Trend Analysis

WEBNF review Westpac Banking Corporation technical analysis trend chart WEBNF priceWEBNF stock support and resistance price chart

WEBNF stock you have reviewed the technical analysis support resistance charts regarding.

WEBNF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the WEBNF review, the Westpac Banking Corporation support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Westpac Banking Corporation Support and Resistance Prices:

WEBNF Support Level Price WEBNF Resistance Level Price
13.04 15.00
13.48 15.36
14.56 15.81
14.60 15.95
14.94 16.00
15.03 17.41
15.90 17.77
16.21 18.03
16.25 18.22
16.54 18.30
16.62 18.45
17.00

WEBNF Technical Analysis: SMA, RSI, MACD

WEBNF review Westpac Banking Corporation SMA chart analysis WEBNF priceWEBNF buy or sell review Westpac Banking Corporation MACD chart analysis WEBNF price

Upon reviewing the WEBNF chart, buy and sell signals have been generated in the Westpac Banking Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for WEBNF stock are as follows:
  1. The technical analysis for WEBNF indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  2. The technical analysis for Westpac Banking Corporation issued a 'Buy' signal when the MACD was at 0.181, with the current MACD value being: 0.008

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Westpac Banking Corporation stock: Click here to read more predictions on Monster Beverage Corporation stock.

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