CANADIAN WESTERN BANK - CWBCN 7.651 PERP (CWB-PR-D.CA) Technical Analysis
TSX:CWB-PR-D • CA1367658806
Current stock price
CWB-PR-D.CA Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to CWB-PR-D. 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 currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CWB-PR-D is leading the market.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, CWB-PR-D turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
- CWB-PR-D is part of the Banks industry. There are 24 other stocks in this industry, CWB-PR-D did better than 56% of them.
CWB-PR-D.CA Weekly and Daily overview Charts
CWB-PR-D.CA Setup Rating and Analysis
Although the technical rating is bad, CWB-PR-D does present a nice setup opportunity. 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
CWB-PR-D.CA Support and Resistance Analysis
23.26
3 important support areas can be observed.
- 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.
2 important resistance areas can be observed.
- 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.
CWB-PR-D.CA Technical Indicator Signal Analysis
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. |
CWB-PR-D.CA Chart- and CandleStick Pattern Analysis
CWB-PR-D.CA Technicals: Chart, Performance Metrics, Trend & Indicators
CANADIAN WESTERN BANK - CWBCN 7.651 PERP
TSX:CWB-PR-D (3/12/2025, 7:00:00 PM)
26.88
+0.04 (+0.15%)
CANADIAN WESTERN BANK - CWBCN 7.651 PERP / CWB-PR-D.CA TA FAQ
Can you provide the ChartMill technical rating for CANADIAN WESTERN BANK - CWBCN 7.651 PERP?
ChartMill assigns a technical rating of 2 / 10 to CWB-PR-D.CA.
Can you provide the trend direction for CANADIAN WESTERN BANK - CWBCN 7.651 PERP?
The current trend direction for CANADIAN WESTERN BANK - CWBCN 7.651 PERP (CWB-PR-D.CA) is Bearish.
What is the RSI signal for CWB-PR-D stock?
CANADIAN WESTERN BANK - CWBCN 7.651 PERP (CWB-PR-D.CA) has an RSI value of 38.9384. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for CANADIAN WESTERN BANK - CWBCN 7.651 PERP?
CANADIAN WESTERN BANK - CWBCN 7.651 PERP (CWB-PR-D.CA) has a support level at 26.84 and a resistance level at 27.09. Check the full technical report for our detailed analysis of CWB-PR-D.CA support and resistance levels.