CHARLOTTES WEB HOLDINGS INC (CWEB.CA) Stock Technical Analysis
TSX:CWEB - Toronto Stock Exchange - CA16106R1091 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to CWEB. Recently some decent action could be observed, but in the medium term time frame this is still negative. CWEB was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, CWEB is a bad performer in the overall market: 89% of all stocks are doing better.
CWEB is one of the lesser performing stocks in the Pharmaceuticals industry. 64% of 35 stocks in the same industry do better.
Warning: CWEB has an average volume of 24200 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CWEB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CWEB is lagging the market.
In the last month CWEB has a been trading in the 0.12 - 0.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, CWEB does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.13, a Stop Loss order could be placed below this zone.
More info and screens
0.12
0.14
We found 2 important support areas.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @0.13 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.14 to 0.14. 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 CWEB.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CWEB.CA is up. |
| ChartMill Relative Strength | 11.61 | NEGATIVE | CWEB.CA has a low relative strength, it was outperformed by 88.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CWEB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CWEB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CWEB.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.93 | NEUTRAL | The RSI value for CWEB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CWEB.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.33 | NEUTRAL | The Stochastics value for CWEB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for CWEB.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.05 | NEGATIVE | The low ADX value for CWEB.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)
TSX:CWEB (7/11/2025, 7:00:00 PM)
0.13
-0.01 (-3.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-3.7%
1 Week8.33%
2 Weeks0%
1 Month8.33%
3 Month13.04%
6 Month-23.53%
12 Month-45.83%
2 Year-69.41%
3 Year-85.87%
5 Year-97.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%6.15%
ATR Inc33.33%
Range Today0
ADR(20)0.01
ADR(20)%3.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.61
Mansfield-2.49
10 Day High0.14
10 Day Low0.12
20 Day High0.14
20 Day Low0.12
52 Week High0.25
52 Week Low0.08
CS1 End0.13
CR1 Start0.13
Volume & EV
DER(3)0%
DER(5)0%
Volume21.50K
Volume Incr34.35%
Vol(5)16.58K
Vol(50)24.20K