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West African Resources Ltd (AU:WAF)
ASX:WAF
Australian Market
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West African Resources Ltd (WAF) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Buy
13Bullish
4Neutral
5Bearish
Technical Analysis Consensus
Neutral
3Bullish
4Neutral
3Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
West African Resources Ltd’s (WAF) Moving Averages Convergence Divergence (MACD) indicator is 0.16, suggesting West African Resources Ltd is a Sell.
West African Resources Ltd’s (WAF) 20-Day exponential moving average is 3.19, while West African Resources Ltd’s (WAF) share price is AU$2.8, making it a Buy.
West African Resources Ltd’s (WAF) 50-Day exponential moving average is 3.07, while West African Resources Ltd’s (WAF) share price is AU$2.8, making it a Buy.

West African Resources Ltd (WAF) Pivot Points

Aug 16, 2026, 12:10 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
3.36
3.41
3.45
3.50
3.54
3.59
3.63
Fibonacci
3.41
3.45
3.47
3.50
3.54
3.56
3.59
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

West African Resources Ltd (WAF) Moving Averages

Aug 16, 2026, 12:10 PM
Period
Simple
Exponential
MA5
3.49Sell
3.43Sell
MA10
3.33Buy
3.34Buy
MA20
3.10Buy
3.19Buy
MA50
2.99Buy
3.07Buy
MA100
3.09Buy
3.08Buy
MA200
3.14Buy
3.09Buy
West African Resources Ltd’s (WAF) 10-Day exponential moving average is 3.34, while West African Resources Ltd’s (WAF) share price is AU$2.8, making it a Buy.
West African Resources Ltd’s (WAF) 100-Day exponential moving average is 3.08, while West African Resources Ltd’s (WAF) share price is AU$2.8, making it a Buy.
West African Resources Ltd’s (WAF) stock price is AU$2.8 and West African Resources Ltd’s (WAF) 50-day simple moving average is 2.99, creating a Buy signal.
West African Resources Ltd’s (WAF) stock price is AU$2.8 and West African Resources Ltd’s (WAF) 100-day simple moving average is 3.09, creating a Buy signal.
West African Resources Ltd’s (WAF) stock price is AU$2.8 and West African Resources Ltd’s (WAF) 200-day simple moving average is 3.14, creating a Buy signal.

West African Resources Ltd (WAF) Technical Indicators

Aug 16, 2026, 12:10 PM
Name
Value
Implied Action
RSI (14)
62.00
Neutral
STOCH (9,6)
80.03
Sell
STOCHRSI (14)
83.33
Sell
MACD (12,26)
0.16
Sell
ADX (14)
23.79
Neutral
Williams %R
-25.00
Buy
CCI (14)
76.92
Neutral
ATR (14)
0.13
-
Ultimate Oscillator
54.18
Neutral
ROC
15.31
Buy
West African Resources Ltd’s (WAF) Relative Strength Index (RSI) is 62.00, creating a Neutral signal.
West African Resources Ltd’s (WAF) Trend Strength Indicator (ADX) is 23.79, creating a Neutral signal.
West African Resources Ltd’s (WAF) Commodity Channel Index (CCI) is 76.92, creating a Neutral signal.
West African Resources Ltd’s (WAF) Price Rate of Change (ROC) is 15.31, creating a Buy signal.

FAQ

Is WAF a Buy, Hold, or Sell?
Based on WAF’s technical indicators, WAF is a Buy.
    What is WAF’s RSI (14)?
    WAF’s RSI (14) is 62.00, which suggests WAF is a Neutral.
      What is WAF’s MACD?
      WAF’s MACD is 0.16, which suggests WAF is a Sell.
        What is WAF’s 5-day moving average?
        WAF’s 5-day moving average is 3.49, which suggests WAF is a Sell.
          What is WAF’s 20-day moving average?
          WAF 20-day moving average is 3.10, which suggests WAF is a Buy.
            What is WAF’s 50-day moving average?
            WAF’s 50-day moving average is 2.99, which suggests WAF is a Buy.
              What is WAF’s 200-day moving average?
              WAF’s 200-day moving average is 3.14, which suggests WAF is a Buy.
                What is WAF’s Williams % R (14)?
                WAF’s Williams % R (14) is -25.00, which suggests WAF is a Buy.
                  What is WAF’s CCI (14)?
                  WAF’s CCI (14) is 76.92, which suggests WAF is a Neutral.
                    What is the share price of West African Resources Ltd?