Technical Analysis for WAX - WAM Research Limited  

Grade Last Price % Change Price Change
B 1.065 -0.47% -0.005
WAX closed down 0.47 percent on Wednesday, April 24, 2024, on 1.38 times normal volume. 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 Up Down Down

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Outside Day Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Calm After Storm Range Contraction -0.47%
Narrow Range Bar Range Contraction -0.47%
Lower Bollinger Band Walk Weakness -0.47%
Inside Day Range Contraction -0.47%

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Profile

WAM Research Limited   Description

WAM Research Limited is an Australia-based investment company. The Company makes investments in listed companies. The Company's investment objectives are to provide investors a rising stream of fully franked dividends, and achieve a high real rate of return, comprising both income and capital growth, within the risk parameters acceptable to the Directors. The Company engages in investing activities, including cash, term deposits and equity investments. The Company invests in equities listed on the Australian Securities Exchange. The Company provides investors with exposure to a diversified portfolio of undervalued growth companies, which are small-to-medium sized industrial companies listed on the Australian Securities Exchange. The Company provides investors with access to Wilson Asset Management's research-driven process, which focuses on identifying undervalued growth companies. MAM Pty Limited is the investment manager of the Company.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Investment Management Australian Securities Exchange Investment Company Asset Management Dividend Dividends Share Trading

Is WAX 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 1.2025
52 Week Low 0.907
Average Volume 184,500
200-Day Moving Average 1.034
50-Day Moving Average 1.121
20-Day Moving Average 1.142
10-Day Moving Average 1.126
Average True Range 0.024
RSI (14) 32.43
ADX 39.94
+DI 19.042
-DI 34.910
Chandelier Exit (Long, 3 ATRs) 1.131
Chandelier Exit (Short, 3 ATRs) 1.131
Upper Bollinger Bands 1.219
Lower Bollinger Band 1.066
Percent B (%b) 0.0
BandWidth 13.398
MACD Line -0.012
MACD Signal Line 0.003
MACD Histogram -0.0151
Fundamentals Value
Market Cap 207.4 Million
Num Shares 195 Million
EPS 0.16
Price-to-Earnings (P/E) Ratio 6.53
Price-to-Sales 91.45
Price-to-Book 1.47
PEG Ratio 0.00
Dividend 0.10
Dividend Yield 9.39%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.103
Resistance 3 (R3) 1.105 1.095 1.096
Resistance 2 (R2) 1.095 1.085 1.094 1.094
Resistance 1 (R1) 1.080 1.080 1.075 1.078 1.092
Pivot Point 1.070 1.070 1.068 1.069 1.070
Support 1 (S1) 1.055 1.060 1.050 1.053 1.038
Support 2 (S2) 1.045 1.055 1.044 1.036
Support 3 (S3) 1.030 1.045 1.034
Support 4 (S4) 1.028