WAVERLEY PHARMA INC (WAVE.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:WAVE • CA94357L1058
Overall WAVE gets a technical rating of 3 out of 10. WAVE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, WAVE is a bad performer in the overall market: 98% of all stocks are doing better.
- WAVE is part of the Biotechnology industry. There are 24 other stocks in this industry, of which 82% are performing better than WAVE.
- Warning: WAVE has an average volume of 26423 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- A new 52 week high is currently being made by WAVE, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month WAVE has a been trading in the 0.01 - 0.04 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Considerably lower volume is observed in the last couple of days.
The technical rating of WAVE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.01
When analyzing the support we notice one important area.
- Support @0.01 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @0.01 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.03 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.04 to 0.04. 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 WAVE.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WAVE.CA is neutral. |
| ChartMill Relative Strength | 2.94 | NEGATIVE | WAVE.CA has a low relative strength, it was outperformed by 97.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WAVE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WAVE.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WAVE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.92 | NEUTRAL | The RSI value for WAVE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WAVE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for WAVE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 21.67 | HIGH VOLATILITY | The high ATR as a percentage value for WAVE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.22 | NEGATIVE | The low ADX value for WAVE.CA suggests a weak or negative trend. |
TSX-V:WAVE (2/6/2026, 7:00:00 PM)
0.015
-0.01 (-50%)
WAVERLEY PHARMA INC / WAVE.CA FAQ
What is the ChartMill technical rating of WAVERLEY PHARMA INC (WAVE.CA) stock?
ChartMill assigns a technical rating of 3 / 10 to WAVE.CA.
Can you provide the trend direction for WAVERLEY PHARMA INC?
The current trend direction for WAVERLEY PHARMA INC (WAVE.CA) is Bearish.
Can you provide the RSI signal for WAVERLEY PHARMA INC?
WAVERLEY PHARMA INC (WAVE.CA) has an RSI value of 42.9207. This indicates that the stock is currently neutral.
What is the short term momentum for WAVERLEY PHARMA INC (WAVE.CA) stock?
The short term momentum for WAVERLEY PHARMA INC (WAVE.CA) is neutral.
What is the support and resistance level for WAVE stock?
WAVERLEY PHARMA INC (WAVE.CA) has a support level at 0.01 and a resistance level at 0.01. Check the full technical report for our detailed analysis of WAVE.CA support and resistance levels.