Woolworths Group Limited technical analysis
Technical analysis of Woolworths Group Limited (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Woolworths Group Limited
Woolworths Group Limited is a retail company operating in Australia and New Zealand. Through its main segments, the company procures and resells food products, beverages and household essentials, as well as provides related services to retail and business customers. The group also operates in the general merchandise retail sector.
Description generated automatically from public sources; it may be inaccurate or out of date.
Woolworths Group Limited: latest session data
Closing values for September 2, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
39.25
+1.91%
50 sessions
39.23
+1.96%
200 sessions
34.43
+16.17%
Session levels
s2
38.89
Support
s1
39.26
Support
pivot
39.55
Pivot
r1
39.92
Resistance
r2
40.21
Resistance
How to read it
In the September 2, 2026 session Woolworths Group Limited closed higher at 40.00 , +0.96% versus the previous session.
The price sits above every moving average observed: +1.91% against the 21-session average, +1.96% against the 50 and +16.17% against the 200.
The 14-period RSI reads 57.6, in neutral territory.
MACD stands at 0.138 against a signal line at 0.057: the histogram is positive (+0.081).
ADX reads 11.4, indicating weak directionality.
Levels computed on the latest session place supports at 39.26 and 38.89 and resistances at 39.92 and 40.21 , around a pivot of 39.55.
The average daily range (ATR) is 0.864 , or 2.16% of price.
Turnover was 2.9M shares, 107% of the 20-session average.
Over the last twelve months the price ranged between 31.84 and 40.66 , and today stands −1.62% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Woolworths Group Limited
How is Woolworths Group Limited analysed technically?
Technical analysis of Woolworths Group Limited is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Woolworths Group Limited?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Woolworths Group Limited?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Woolworths Group Limited it helps frame the technical structure of the historical chart and is not a forecast.
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Carlsberg A/SCARL-B.CODisclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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