Westac Banking declines 3.3% after elections
Westpac Banking , which closed at $116.74 on Election Day, has since fallen 3.3% to its most recent close at $112.83.
During the same time period the Dow Jones Industrial Average has risen 6.0% from 11189 to 11859.
Westpac Banking is currently trading below its 50-day moving average of $116.07 and should find support at its 200-day moving average of $108.67.
SmarTrend is monitoring the recent change of momentum in Westpac Banking. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Westpac Banking in search of a potential trend change.
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