Should You Buy Woodside Energy Group Ltd (WDS) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Woodside Energy Group Ltd (WDS) is not a strong buy for a beginner, long-term investor at this moment. While the technical indicators show a bullish trend, the lack of significant positive news, weak short-term stock trend projections, and absence of strong trading signals suggest a cautious approach. Additionally, the options data reflects low put-call ratios, indicating low bearish sentiment, but this alone does not justify a buy decision. Given the investor's profile and the current data, holding off on investing in WDS is recommended until stronger catalysts emerge.
Technical Analysis
The MACD histogram is positive and expanding (0.12), indicating bullish momentum. RSI is at 75.312, which is neutral but nearing overbought territory. Moving averages are bullish (SMA_5 > SMA_20 > SMA_200). Key resistance levels are R1: 16.583 and R2: 16.828, with the stock currently trading near these levels pre-market at 16.9.