Technical Analysis for WQG - WCM GLOBAL GROWTH LIMITED

Grade Last Price % Change Price Change
B 1.505 0.33% 0.005
WQG closed up 0.33 percent on Friday, May 17, 2024, on 88 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
50 DMA Resistance Bearish 0.33%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.33%
20 DMA Support Bullish 0.33%
MACD Bullish Centerline Cross Bullish 0.33%
Pocket Pivot Bullish Swing Setup 0.33%

   Recent Intraday Alerts

Alert Time
Possible NR7 3 days ago
Rose Above 50 DMA 3 days ago
1.5x Volume Pace 4 days ago
Possible Inside Day 4 days ago
Possible NR7 4 days ago

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Profile

WCM GLOBAL GROWTH LIMITED Description

WCM Global Growth Limited, formerly Contango Global Growth Limited, is a diversified portfolio investment company. The Company’s primary objective is to provide long-term capital growth and seek businesses with global growth prospects. In addition the Company offering a distinct diversification from the Australian market. The Company may invest in exchange traded options and futures for the purpose of gaining indirect exposure to the equity market. The Company also provides investors with exposure to a high conviction, actively managed portfolio of globally listed quality high growth companies through an ASX listed investment company (LIC). The Company’s investment objective is to seek growth businesses with returns on invested capital, prospects and low or no debt. The investment strategy offers a value-added total return approach to investing in global listed markets. Contango International Management is the Company’s investment manager.


Classification

Sector: Financial
Industry: Asset Management
Keywords: Investment Management Investment Company Stock Market Debt E Trade Financial Risk Management Investment Strategy Listed Investment Company Futures Contract Contango

Is WQG 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 1.575
52 Week Low 1.0452
Average Volume 181,581
200-Day Moving Average 1.315
50-Day Moving Average 1.500
20-Day Moving Average 1.493
10-Day Moving Average 1.492
Average True Range 0.027
RSI (14) 54.95
ADX 19.37
+DI 20.102
-DI 12.685
Chandelier Exit (Long, 3 ATRs) 1.470
Chandelier Exit (Short, 3 ATRs) 1.540
Upper Bollinger Bands 1.527
Lower Bollinger Band 1.458
Percent B (%b) 0.68
BandWidth 4.583
MACD Line 0.002
MACD Signal Line 0.000
MACD Histogram 0.0017
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.517
Resistance 3 (R3) 1.516 1.510 1.515
Resistance 2 (R2) 1.510 1.507 1.511 1.514
Resistance 1 (R1) 1.508 1.505 1.509 1.509 1.514
Pivot Point 1.502 1.502 1.503 1.503 1.502
Support 1 (S1) 1.500 1.499 1.501 1.501 1.496
Support 2 (S2) 1.494 1.497 1.495 1.496
Support 3 (S3) 1.492 1.494 1.495
Support 4 (S4) 1.493