360 ONE WAM LIMITED (360ONE) Stock - Complete Technical Analysis - Nov 08, 2024

360 ONE WAM Stock Analysis Key Support & Resistance Levels for Traders 360ONE Technical Analysis

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.

At 1046.45, 360 ONE WAM Limiteds stock shows indecision, as seen in the Doji and Spinning Top candlestick patterns. This indecisive sentiment could indicate a potential trend reversal if accompanied by volume and further upward movement. The Relative Strength Index (RSI) stands close to the midpoint, suggesting balanced buying and selling pressure, while the ADX reveals a weak trend at this stage. MACD is slightly bearish, which could signal caution for the near term. However, the Bullish Harami pattern seen in recent sessions hints at a potential bounce-back if confirmed with higher volumes.

Moving averages indicate consolidation, with the current price nearing the 10-day and 20-day EMAs, while still staying well above the 200-day EMA, a positive sign for longer-term investors. Immediate resistance is around 1058, which if broken, may lead to a bullish movement towards higher targets. Support levels are identified around 972, potentially offering an entry point for those looking to buy at lower levels. Overall, traders should watch for a confirmed breakout or breakdown before making new trades. With moderate volatility and ATR, 360ONE is positioned for a balanced trading environment in the short term.