West African Resources (WAF.AX) Technical Analysis
As of 2026-07-22, WAF.AX last traded at 2.93 AUD (+2.09% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 2.9 AUD support below, 2.95 AUD resistance above. 14-day RSI is 58.1 (bullish).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is WAF.AX in an uptrend or downtrend?
West African Resources is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 2.93 AUD (+2.09%) |
|---|---|
| 20-day average | 2.813 AUD |
| 50-day average | 2.987 AUD |
| 200-day average | 3.132 AUD |
Key support and resistance levels for WAF.AX
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 2.95 AUD | Resistance | Moderate | 2 |
| 3.04 AUD | Resistance | Strong | 38 |
| 3.2 AUD | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 2.9 AUD | Support | Strong | 3 |
| 2.76 AUD | Support | Minor | 1 |
| 2.715 AUD | Support | Moderate | 2 |
WAF.AX 52-week range, momentum and volatility
| 52-week high | 3.97 AUD (26.2% below) |
|---|---|
| 52-week low | 2.24 AUD (30.8% above) |
| 14-day RSI | 58.1 (Bullish) |
| 14-day ATR | 0.111 AUD (3.8% of price, High volatility) |
Related research pages
Frequently asked questions
Is West African Resources (WAF.AX) in an uptrend or downtrend?
As of 2026-07-22, WAF.AX is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 2.93 AUD vs 50-day average 2.987 AUD and 200-day average 3.132 AUD.
What are the key support and resistance levels for WAF.AX?
Nearest support is around 2.9 AUD (strong, 3 touches). Nearest resistance is around 2.95 AUD (moderate). Levels are derived from swing pivots over the last ~200 sessions.
What is WAF.AX's 52-week high and low?
Over the last 52 weeks, WAF.AX traded between 2.24 AUD and 3.97 AUD. It is currently 26.2% below its 52-week high.
Is WAF.AX overbought or oversold?
The 14-day RSI is 58.1 — in a neutral 30–70 range. Momentum reads as bullish.
How volatile is WAF.AX?
Its 14-day Average True Range is 0.111 (3.8% of price) — high volatility relative to price.