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WAVERLEY PHARMA INC (WAVE.CA) Stock Technical Analysis

Canada - TSX Venture Exchange - TSX-V:WAVE - CA94357L1058 - Common Stock

0.02 CAD
+0.01 (+33.33%)
Last: 12/4/2025, 7:00:00 PM
Technical Rating and Analysis

3

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.

85% of all other stocks performed better in the past year than WAVE.
Warning: WAVE has an average volume of 26373 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
WAVE is an average performer in the Biotechnology industry, it outperforms 50% of 23 stocks in the same industry.
WAVE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WAVE is lagging the market.
In the last month WAVE has a been trading in the 0.01 - 0.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
WAVERLEY PHARMA INC / WAVE Weekly stock chart
WAVERLEY PHARMA INC / WAVE Daily stock chart
Setup Rating and Analysis

3

The technical rating of WAVE is bad and it also does not present a 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.

Support and Resistance Analysis

0.01

0.04

We found 2 important support areas.

  • 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.

When analyzing the resistance we notice 3 important 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for WAVE.CA is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for WAVE.CA is neutral.
ChartMill Relative Strength15.03NEGATIVEWAVE.CA has a low relative strength, it was outperformed by 84.97% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of WAVE.CA is above a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of WAVE.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of WAVE.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)50.94NEUTRALThe RSI value for WAVE.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests WAVE.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)16.67OVERSOLDThe low Stochastics value suggests WAVE.CA may be oversold.
Average True Range in percent/ATR (20)13.75HIGH VOLATILITYThe high ATR as a percentage value for WAVE.CA suggests high volalility.
Average Directional Index/ADX (14)7.93NEGATIVEThe low ADX value for WAVE.CA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
WAVERLEY PHARMA INC / WAVE Daily stock chart

WAVERLEY PHARMA INC

TSX-V:WAVE (12/4/2025, 7:00:00 PM)

0.02

+0.01 (+33.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg33.33%
1 Week-20%
2 Weeks0%
1 Month0%
3 Month0%
6 Month100%
12 Month-20%
2 Year-20%
3 Year-66.67%
5 Year-87.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%13.75%
ATR Inc-12.5%
Range Today0
ADR(20)0
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.03
3 months CRS33.09
6 months CRS91.19
Mansfield-1.13
10 Day High0.03
10 Day Low0.02
20 Day High0.03
20 Day Low0.02
52 Week High0.04
52 Week Low0.01
CS1 End0.02
CR1 Start0.02
Volume & EV
DER(3)0%
DER(5)0%
Volume2.00K
Volume Incr-83.91%
Vol(5)3.20K
Vol(50)26.37K

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.


What is the trend direction for WAVE stock?

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 50.9411. 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 neutral.