Trade Idea: WES.ASX – VCP Breakout Play (Buy Setup)🔹 Entry:
✅ Bought @ $85.45
📍 VCP-style setup with tight consolidation above 21EMA/50MA
📈 Early signs of breakout with volume confirmation
🔹 Stop Loss:
🚨 Initial Stop @ $81.56 (Below supertrend support)
⚖️ Risk defined at ~4.6% from entry
🔹 Target Zones:
🎯 T1: $89.30 (1R)
🎯 T2: $91.80–92.50 (2R zone
Compare with Wesfarmers Limited
2.70 AUD
2.93 B AUD
45.58 B AUD
1.13 B
Next report date
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Report period
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EPS estimate
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Revenue estimate
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Profile
Sector
Industry
CEO
Robert Scott
Website
Headquarters
Perth
Founded
1981
IPO date
Nov 15, 1984
ISIN
AU000000WES1
FIGI
BBG000BFJZJ5
Identifiers
ISIN AU000000WES1
Wesfarmers Ltd. engages in the provision of fresh food, groceries, general merchandise, liquor, fuel, and financial services. It operates through the following segments: Bunnings Group, Kmart Group, Chemicals, Energy and Fertilizers (WesCEF), Officeworks, Industrial and Safety, Wesfarmers Health, Catch, and Other. The Bunnings Group segment consists of retailers of building materials and home and garden improvement products and servicing households and commercial customers including builders, trades, and businesses. The Kmart Group segment manages Kmart and Target which are retailers of apparel and general merchandise, including toys, leisure, entertainment, home, and consumable. The WesCEF segment refers to manufacturer and marketer of chemicals for industry, mining, mineral processing, broadacre and horticultural fertilizers, marketer and distributor of LPG and LNG. The Officeworks segment covers the retail and supply of office products and solutions for households, small-to-medium sized businesses, and the education sector. The Industrial and Safety segment supplies and distributes maintenance, repair, and operating products. The Wesfarmers Health segment deals with wholesales and retails pharmaceutical, health, wellbeing, and beauty products. The Catch segment operates as an online retailer offering branded products on a first-party basis and a third-party online marketplace. The Other segment includes food and stables retailing, forest products, property, investment banking, OneDigital, and Corporate. The company was founded in 1914 and is headquartered in Perth, Australia.
(ASX): WES - WESFARMERS LIMITED || March 12, 2024(XDJ): CONSUMER DISCRETIONARY
(ASX): WES - WESFARMERS LIMITED || March 12, 2024
Master of Elliott Wave Analysis: Shane Hua (CEWA-M).
(Left chart): The broader context (1D chart) reveals that a previous wave 2-red has concluded, touching a low at 46.64, initiating wave 3-red to propel WES further up
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
3.673% YTM
Maturity dateJun 10, 2032
Coupon3.28% (Fixed)
— YTM
Maturity dateJun 23, 2031
Coupon2.55% (Variable)
— YTM
Maturity dateOct 21, 2033
Coupon0.95% (Variable)
See all WES bonds
Weight3.28%
Market value1.24 B
Weight0.16%
Market value1.04 B
Weight0.22%
Market value690.57 M
Weight0.28%
Market value532.96 M
Weight3.89%
Market value270.32 M
Weight0.33%
Market value255.83 M
Weight3.83%
Market value243.01 M
Weight3.29%
Market value215.09 M
Weight3.82%
Market value176.74 M
Weight0.17%
Market value165.34 M
Weight0.24%
Market value162.14 M
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Frequently asked questions
The current price of WES is 91.98 AUD — it has increased by 0.57% in the past 24 hours. Watch Wesfarmers Limited stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange Wesfarmers Limited stocks are traded under the ticker WES.
WES stock has risen by 2.33% compared to the previous week, the month change is a 7.20% rise, over the last year Wesfarmers Limited has showed a 12.16% increase.
We've gathered analysts' opinions on Wesfarmers Limited future price: according to them, WES price has a max estimate of 89.00 AUD and a min estimate of 65.10 AUD. Watch WES chart and read a more detailed Wesfarmers Limited stock forecast: see what analysts think of Wesfarmers Limited and suggest that you do with its stocks.
WES stock is 1.64% volatile and has beta coefficient of 0.76. Track Wesfarmers Limited stock price on the chart and check out the list of the most volatile stocks — is Wesfarmers Limited there?
Today Wesfarmers Limited has the market capitalization of 103.17 B, it has decreased by −4.29% over the last week.
Yes, you can track Wesfarmers Limited financials in yearly and quarterly reports right on TradingView.
Wesfarmers Limited is going to release the next earnings report on Aug 27, 2026. Keep track of upcoming events with our Earnings Calendar.
WES earnings for the last half-year are 1.41 AUD per share, whereas the estimation was 1.36 AUD, resulting in a 3.90% surprise. The estimated earnings for the next half-year are 1.07 AUD per share. See more details about Wesfarmers Limited earnings.
Wesfarmers Limited revenue for the last half-year amounts to 24.21 B AUD, despite the estimated figure of 24.22 B AUD. In the next half-year revenue is expected to reach 22.94 B AUD.
WES net income for the last half-year is 1.60 B AUD, while the previous report showed 1.46 B AUD of net income which accounts for 0.00% change. Track more Wesfarmers Limited financial stats to get the full picture.
Yes, WES dividends are paid semi-annually. The last dividend per share was 1.02 AUD. As of today, Dividend Yield (TTM)% is 2.34%. Tracking Wesfarmers Limited dividends might help you take more informed decisions.
Wesfarmers Limited dividend yield was 2.43% in 2025, and payout ratio reached 79.84%. The year before the numbers were 3.04% and 87.73% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Jul 16, 2026, the company has 118 K employees. See our rating of the largest employees — is Wesfarmers Limited on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Wesfarmers Limited EBITDA is 5.76 B AUD, and current EBITDA margin is 12.42%. See more stats in Wesfarmers Limited financial statements.
Like other stocks, WES shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Wesfarmers Limited stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Wesfarmers Limited technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Wesfarmers Limited stock shows the strong buy signal. See more of Wesfarmers Limited technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.









