WAVERLEY PHARMA INC (WAVE.CA) Technical Analysis
TSX-V:WAVE • CA94357L1058
Current stock price
WAVE.CA Technical Rating and Analysis
Taking everything into account, WAVE scores 2 out of 10 in our technical rating. WAVE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, WAVE is a bad performer in the overall market: 94% of all stocks are doing better.
- WAVE is part of the Biotechnology industry. There are 23 other stocks in this industry, of which 72% are performing better than WAVE.
- 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 lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: WAVE has an average volume of 26643 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- WAVE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WAVE is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
WAVE.CA Weekly and Daily overview Charts
WAVE.CA Setup Rating and Analysis
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.
More info and screens
WAVE.CA Support and Resistance Analysis
0.01
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.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- 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.
WAVE.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 WAVE.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WAVE.CA is down. |
| ChartMill Relative Strength | 6.23 | NEGATIVE | WAVE.CA has a low relative strength, it was outperformed by 93.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WAVE.CA is above 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) | 42.92 | NEUTRAL | The RSI value for WAVE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WAVE.CA has a negative trend. |
| 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) | 12.67 | NEGATIVE | The low ADX value for WAVE.CA suggests a weak or negative trend. |
WAVE.CA Chart- and CandleStick Pattern Analysis
WAVE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:WAVE (3/9/2026, 7:00:00 PM)
0.025
+0.01 (+66.67%)
WAVERLEY PHARMA INC / WAVE.CA TA FAQ
What is the ChartMill technical rating of WAVERLEY PHARMA INC (WAVE.CA) stock?
ChartMill assigns a technical rating of 2 / 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 negative.
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.