Technical Analysis for WAM - WAM Capital Limited  

Grade Last Price % Change Price Change
C 1.480 0.00% 0.000
WAM closed unchanged on Thursday, May 2, 2024, on 59 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Flat Down Down

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -0.34%
Oversold Stochastic Weakness -0.34%
Gapped Up Strength -0.67%
Oversold Stochastic Weakness -0.67%
Calm After Storm Range Contraction -0.67%
Oversold Stochastic Weakness -0.67%

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Profile

WAM Capital Limited   Description

WAM Capital Limited (WAM) is an Australia-based investment company, which is primarily an investor in equities listed on the Australian Securities Exchange. The Company's investment objectives are to deliver a rising stream of fully franked dividends; to provide capital growth, and to preserve capital of the Company. It invests in various sectors, such as financials, consumer discretionary, industrials, healthcare, information technology, telecommunication services, consumer staples, utilities and materials. The Company's trading opportunities are derived from initial public offerings, placements, block trades, rights issues, corporate transactions (such as takeovers, mergers, schemes of arrangements, corporate spin-offs and restructures), arbitrage opportunities, life insurance corporation (LIC) discount arbitrages, short-selling and trading market themes and trends. Wilson Asset Management (International) Pty Ltd is the Company's investment manager.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Health Communication Healthcare Australian Securities Exchange Investment Company Information Technology Insurance Asset Management Cement Dividend Dividends Communication Services Life Insurance Telecommunication Services Initial Public Offering Arbitrage

Is WAM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1.615
52 Week Low 1.2627
Average Volume 1,185,623
200-Day Moving Average 1.475
50-Day Moving Average 1.540
20-Day Moving Average 1.534
10-Day Moving Average 1.500
Average True Range 0.025
RSI (14) 39.39
ADX 25.85
+DI 21.612
-DI 34.144
Chandelier Exit (Long, 3 ATRs) 1.541
Chandelier Exit (Short, 3 ATRs) 1.549
Upper Bollinger Bands 1.625
Lower Bollinger Band 1.443
Percent B (%b) 0.2
BandWidth 11.917
MACD Line -0.018
MACD Signal Line -0.010
MACD Histogram -0.008
Fundamentals Value
Market Cap 1.13 Billion
Num Shares 761 Million
EPS 0.25
Price-to-Earnings (P/E) Ratio 6.02
Price-to-Sales 5.71
Price-to-Book 1.38
PEG Ratio 0.00
Dividend 0.15
Dividend Yield 10.14%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.495
Resistance 3 (R3) 1.495 1.490 1.493
Resistance 2 (R2) 1.490 1.486 1.490 1.492
Resistance 1 (R1) 1.485 1.484 1.483 1.485 1.491
Pivot Point 1.480 1.480 1.479 1.480 1.480
Support 1 (S1) 1.475 1.476 1.473 1.475 1.469
Support 2 (S2) 1.470 1.474 1.470 1.468
Support 3 (S3) 1.465 1.470 1.468
Support 4 (S4) 1.465