ASX Equity Snapshot

WBC Weekly Equity Report

Westpac Banking Corporation

Interactive chart JSON snapshot
Latest Close 35.00 AUD 12 Jun 2026
1W Return 0.5% latest completed week
4W Return -2.3% short-term follow-through
12W Return -12.3% quarterly tape
Trend Breadth 88.5% 46 of 52 weeks active
Volume Ratio 0.9x vs 13-week average
Company Brief

What the company does

Westpac Banking Corporation provides banking and other financial services in Australia, New Zealand, the Pacific Islands, Asia, the Americas, and Europe. It operates through the Consumer, Business & Wealth, Institutional, and New Zealand segments. The company offers bank accounts, home and personal loans, credit cards, international and travel banking services, insurance, superannuation, investments, share trading, margin lending, private banking, and online banking services; savings and transactions accounts, loans and finance, payment solutions, insurance for businesses, foreign exchange and international money transfer, commercial business and industry banking; bank guarantee, business digital wallet, business setup, and business …

Snapshot

What the weekly tape is saying

WBC closed the latest completed week at 35.00 AUD. The 4-week return is -2.3% and the 12-week return is -12.3%. Trend Signal is inactive, Market Dynamics is -1.20. Setup signature: Risk-first tape with a 33/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -8.6%
Volume 0.9x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 49 Persistence of active Trend Signal over the last year and current streak.
Momentum 34 Blend of 4-week and 12-week follow-through.
Dynamics 27 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 0 Relative leadership and short-term RS change.
Volume 38 Participation compared with the 13-week volume baseline.
Risk Control 48 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
38.28 AUD
Vs Trend Line
-8.6%
Fair Value
29.00 AUD
Vs Fair Value
20.7%
52W High
42.47 AUD
52W Low
31.14 AUD
Drawdown
-17.6%
Range Position
34.1%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W 0.5%
4W -2.3%
12W -12.3%
26W -8.0%
52W 9.1%

Trend read

Active Streak
0 weeks
52W Active Weeks
46
52W Active Breadth
88.5%
Sector Scope
AU Financial Services
Sector Rank
63 of 160
Sector Percentile
61.0%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
-1.20
4W MD Change
-12.1%
Relative Strength
-6.00
4W RS Change
-434.5%
Expectation
Positive
Probability
55.67%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
23.2M
13W Average
25.7M
52W Average
22.7M
Vs 13W
0.9x
Vs 52W
1.0x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
3.3%
52W Volatility
2.8%
Upside Weeks
25
Downside Weeks
26
Downside Breadth
50.0%
Avg Gain / Loss
2.3% / -1.8%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
ASX
Country
AU
Sector
Financial Services
Industry
Banks - Diversified
Currency
AUD
Market Cap
122.9B

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Market Dynamics is negative, which weakens the current setup.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 35.00 AUD 0.5% 38.28 AUD 29.00 AUD -1.20 -6.00 23.2M Off
5 Jun 2026 34.81 AUD -3.3% 38.38 AUD 28.89 AUD -1.11 -4.48 25.7M Off
29 May 2026 36.00 AUD -1.5% 38.50 AUD 28.78 AUD -1.02 -2.29 30.8M Off
22 May 2026 36.55 AUD 2.0% 38.54 AUD 28.66 AUD -1.08 0.25 27.3M Off
15 May 2026 35.84 AUD -4.3% 38.56 AUD 28.54 AUD -1.07 -1.12 32.2M Off
8 May 2026 37.44 AUD -0.7% 38.61 AUD 28.43 AUD -0.88 2.19 29.8M Off
1 May 2026 37.70 AUD -1.4% 38.62 AUD 28.30 AUD -0.53 3.36 19.9M On
24 Apr 2026 38.25 AUD -1.8% 38.62 AUD 28.17 AUD -0.29 4.44 20.1M On
17 Apr 2026 38.95 AUD -7.1% 38.57 AUD 28.05 AUD 0.05 4.74 28.8M On
10 Apr 2026 41.93 AUD 7.3% 38.51 AUD 27.92 AUD 0.26 12.90 17.7M On
3 Apr 2026 39.07 AUD -2.2% 38.35 AUD 27.77 AUD 0.33 10.37 21.2M On
27 Mar 2026 39.94 AUD 0.1% 38.27 AUD 27.63 AUD 0.61 14.08 22.9M On
20 Mar 2026 39.90 AUD -0.7% 38.17 AUD 27.49 AUD 0.95 15.66 34.9M On
13 Mar 2026 40.19 AUD -0.0% 38.09 AUD 27.35 AUD 1.10 14.53 26.7M On