wdc charting

in stoxline australia, it stated a strong sell

1 star

but then it said;

Price and moving averages

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.

Bollinger Bands

WDC.AX has closed below upper band by 32.7%. Bollinger Bands are 3.3% wider than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.


It pretty confusing. It stated strong SELL yet in short term its BULLISH.

Can someone explain?