WAVERLEY PHARMA INC (WAVE.CA) Stock Technical Analysis
Canada - TSX-V:WAVE - CA94357L1058 - Common Stock
We assign a technical rating of 5 out of 10 to WAVE. WAVE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
WAVE has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
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2 important support areas can be observed.
- A support 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.
- Support @0.01 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- 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.
- A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | UP | POSITIVE | The long term trend for WAVE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WAVE.CA is up. |
| ChartMill Relative Strength | 12.15 | NEGATIVE | WAVE.CA has a low relative strength, it was outperformed by 87.85% 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 | POSITIVE | The current price of WAVE.CA is above 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) | 50.16 | 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) | 83.33 | OVERBOUGHT | The high Stochastics value suggests WAVE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 18.75 | HIGH VOLATILITY | The high ATR as a percentage value for WAVE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 7.37 | NEGATIVE | The low ADX value for WAVE.CA suggests a weak or negative trend. |
TSX-V:WAVE (10/22/2025, 7:00:00 PM)
0.02
-0.01 (-20%)
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 5 / 10 to WAVE.CA.
What is the trend direction for WAVE stock?
The current trend direction for WAVERLEY PHARMA INC (WAVE.CA) is Bullish.
Can you provide the RSI signal for WAVERLEY PHARMA INC?
WAVERLEY PHARMA INC (WAVE.CA) has an RSI value of 50.1634. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WAVERLEY PHARMA INC?
The short term momentum for WAVERLEY PHARMA INC (WAVE.CA) is positive.
Can you provide the buy/sell signal for WAVERLEY PHARMA INC?
The buy/sell signal for WAVERLEY PHARMA INC (WAVE.CA) is buy as both the short term and long term trends are positive.