Westpac Banking Corp - ADR Shares Approach 52-Week Low - Market Mover
Westpac Banking Corp - ADR (WBK) shares closed today at 1.8% above its 52 week low of $14.09, giving the company a market cap of $52B. The stock is currently down 7.4% year-to-date, down 11.1% over the past 12 months, and down 24.0% over the past five years. This week, the Dow Jones Industrial Average fell 2.5%, and the SP 500 fell 4.1%. Trading Activity Trading volume this week was 46.4% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance The company#39
Westpac Banking Corp - ADR Shares Approach 52-Week Low - Market Mover
Westpac Banking Corp - ADR (WBK) shares closed today at 1.8% above its 52 week low of $14.09, giving the company a market cap of $52B. The stock is currently down 7.4% year-to-date, down 11.1% over the past 12 months, and down 24.0% over the past five years. This week, the Dow Jones Industrial Average fell 2.5%, and the SP 500 fell 4.1%. Trading Activity Trading volume this week was 46.4% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance The company#39