CANADIAN WESTERN BANK - CWBCN 7.651 PERP (CWB-PR-D.CA) Stock Technical Analysis
TSX:CWB-PR-D - Toronto Stock Exchange - CA1367658806 - Currency: CAD
Overall CWB-PR-D gets a technical rating of 2 out of 10. CWB-PR-D has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month CWB-PR-D has a been trading in the 26.50 - 28.98 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: CWB-PR-D has an average volume of 3408 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CWB-PR-D is part of the Banks industry. There are 29 other stocks in this industry. CWB-PR-D outperforms 71% of them.
CWB-PR-D is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, CWB-PR-D outperforms 51% of them, which is more or less in line with the market.
CWB-PR-D has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 26.84, a Stop Loss order could be placed below this zone.
More info and screens
23.26
28.27
We found 3 important support areas.
- Strong support @26.84 from a horizontal line in the daily time frame.
- Support @26.40 from a horizontal line in the daily time frame.
- Support @23.49 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 27.09 to 27.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.99 to 27.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CWB-PR-D.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CWB-PR-D.CA is down. |
| ChartMill Relative Strength | 51.74 | NEUTRAL | CWB-PR-D.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CWB-PR-D.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CWB-PR-D.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CWB-PR-D.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.94 | NEUTRAL | The RSI value for CWB-PR-D.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CWB-PR-D.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.97 | OVERSOLD | The low Stochastics value suggests CWB-PR-D.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for CWB-PR-D.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.8 | NEGATIVE | The low ADX value for CWB-PR-D.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
CANADIAN WESTERN BANK - CWBCN 7.651 PERP
TSX:CWB-PR-D (3/12/2025, 7:00:00 PM)
26.88
+0.04 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.15%
1 Week-0.99%
2 Weeks-2.25%
1 Month-2.61%
3 Month0.52%
6 Month-1.36%
12 Month7.09%
2 Year9.62%
3 Year1.7%
5 Year19.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%1.03%
ATR Inc-25.85%
Range Today0.38
ADR(20)0.22
ADR(20)%0.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.74
Mansfield-0.19
10 Day High27.46
10 Day Low26.5
20 Day High28.98
20 Day Low26.5
52 Week High28.98
52 Week Low0
CS1 End26.84
CR1 Start27.09
Volume & EV
DER(3)0%
DER(5)0%
Volume500
Volume Incr28.71%
Vol(5)2.64K
Vol(50)3.41K