Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and BULLISH in mid-long term.WBC.AX has closed above the upper band by 1.2%. If the price is in a uptrend; then this upward trend has a good chance to continue. above the upper band by 1.2%. If price is in a uptrend band; this upward trend in price might continue. However a short term pullback inside the band is likely.Bollinger Bands are 63.1% wider than normal. The large width of the bands suggest high volatility as compared to WBC.AX's normal range. The bands have been in this wide range for 0 bars. This is a sign that the current trend might continue.
WBC Price at posting:
$19.75 Sentiment: Buy Disclosure: Held
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