360 ONE WAM LIMITED (360ONE) Stock - Complete Technical Analysis - Oct 24, 2024

360 ONE WAM Stock Analysis: Key Support & Resistance Levels Revealed

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions.

360ONE has been trading within a broad range recently, showing a mix of bullish and bearish signals. The current price of 1,035 is significantly above the 52-week low, suggesting a recovery in progress. RSI at 47.6 indicates a neutral stance, while the MACD reflects lingering bearish momentum, suggesting the bulls may not have full control yet. ADX shows weak trend strength, meaning the stock could consolidate before taking a more definitive direction.

There's a support zone around 992, and a break below this could see a further decline, while resistance stands strong near 1,110. A breakout above this could lead to the next resistance at 1,180. Watch for volatility spikes as the stock approaches key support or resistance levels, with potential for reversals in oversold conditions, supported by indicators like Stochastic and CCI. Traders should use moving averages and momentum signals as confirmation for potential entry or exit points.