WHC 1.82% $7.84 whitehaven coal limited

VALUE SCOREUnder Valued+165%Rate of Return EstimateWhitehaven...

  1. 514 Posts.
    lightbulb Created with Sketch. 191

    VALUE SCOREunderUnder Valued+165%Rate of Return EstimateWhitehaven Coal Ltd forms bullish "Price Crosses Moving Average" chart pattern
    Apr 04, 2024

    Trading Central has detected a "Price Crosses Moving Average" chart pattern formed on Whitehaven Coal Ltd (WHC:ASX). This bullish signal indicates that the stock price may rise from the close of 7.17.

    Tells Me: The price is generally in an established trend (bullish or bearish) for the time horizon represented by the moving average period (21, 50 or 200 bars).

    Moving averages are used to smooth out the volatility or "noise" in the price series, to make it easier to discover the underlying trend. By plotting the average price over the last several bars, the line is less "jerky" than plotting the actual prices. A bullish event is generated when the price crosses above the moving average, and in this state, the price is likely in an established uptrend. The opposite is true when the price crosses below the moving average, triggered a bearish event.

    This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.


    https://hotcopper.com.au/data/attachments/6079/6079885-ffe9ed05e5f840edf1822e924abff6ad.jpg
 
watchlist Created with Sketch. Add WHC (ASX) to my watchlist
(20min delay)
Last
$7.84
Change
0.140(1.82%)
Mkt cap ! $6.558B
Open High Low Value Volume
$7.70 $7.91 $7.69 $32.80M 4.171M

Buyers (Bids)

No. Vol. Price($)
1 9995 $7.84
 

Sellers (Offers)

Price($) Vol. No.
$7.85 8800 1
View Market Depth
Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
Last
$7.87
  Change
0.140 ( 2.63 %)
Open High Low Volume
$7.70 $7.91 $7.69 934157
Last updated 15.59pm 02/05/2024 ?
WHC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.