Woolworths Limited (ASX:WOW) System Outage
- WOOLWORTHS has apologised over a “major delivery system outage” left hungry customers fuming when online shopping orders were cancelled at the last minute.
- A spokesman for the company confirmed the online ordering system went down on Sunday and continued to experience difficulties up until this morning. This impacted orders scheduled for delivery on both Sunday and Monday afternoon.
- However, some customers on social media complained Woolworths continued to take orders online despite the company being notified the system was down.
Woolworths Limited is an Australia-based company, which is engaged in retail operations. The Company’s segments include Australian Food and Petrol, New Zealand Supermarkets, Endeavour Drinks Group, BIGW and Hotels. The Australian Food and Petrol segment is engaged in the procurement of food and petroleum products for resale to customers in Australia. The New Zealand Supermarkets segment is engaged in the procurement of food and liquor products for resale to customers in New Zealand. The Endeavour Drinks Group segment is involved in the procurement of liquor products for resale to customers in Australia. The BIGW segment is engaged in the procurement of discount general merchandise products for resale to customers in Australia. The Hotels segment is engaged in the provision of a range of leisure and hospitality services, including food and alcohol, accommodation, entertainment and gaming in Australia. The Company’s brands include Essentials, Woolworths, Dan Murphy’s and BWS.
Overall, the bias in prices is: Sideways.
Short term: Prices are stalling.
Intermediate term: Prices are ranging.
By the way, prices are vulnerable to a correction towards 25.85.
The projected upper bound is: 26.53.
The projected lower bound is: 24.91.
The projected closing price is: 25.72.
WOOLWORTHS FPO closed down -0.020 at 25.750. Volume was 36% below average (neutral) and Bollinger Bands were 5% narrower than normal.
Open High Low Close Volume
25.720 25.960 25.575 25.750 1,862,120
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bullish
Moving Averages: 10-period 50-period 200-period
Close: 25.61 26.05 25.03
Volatility: 17 20 20
Volume: 2,833,179 3,140,685 3,172,962
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
WOOLWORTHS FPO is currently 2.9% above its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of WOW.AX at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on WOW.AX and have had this outlook for the last 1 periods.
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 70.3704. This is not an overbought or oversold reading. The last signal was a sell 7 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 50.17. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 92 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 105.This is an overbought reading. However, a signal isn’t generated until the indicator crosses below 100. The last signal was a buy 12 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 8 period(s) ago.