WESTBOND ENTERPRISES CORP (WBE.CA) Stock Technical Analysis
TSX-V:WBE - TSX Venture Exchange - CA95712L1022 - Common Stock - Currency: CAD
Taking everything into account, WBE scores 4 out of 10 in our technical rating. WBE has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
WBE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: WBE has an average volume of 12790 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
WBE is part of the Paper & Forest Products industry. There are 12 other stocks in this industry. WBE outperforms 81% of them.
In the last month WBE has a been trading in the 0.11 - 0.14 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, WBE outperforms 54% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
WBE 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
0.11
0.20
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.12 from a trend line in the daily time frame.
- Support @0.11 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.17 from a trend line in the weekly time frame.
- Resistance @0.20 from a trend line in the weekly time frame.
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 WBE.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WBE.CA is up. |
| ChartMill Relative Strength | 54.7 | NEUTRAL | WBE.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WBE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WBE.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WBE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.17 | NEUTRAL | The RSI value for WBE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WBE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests WBE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for WBE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.06 | NEGATIVE | The low ADX value for WBE.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-V:WBE (7/23/2025, 7:00:00 PM)
0.145
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg0%
1 Week3.57%
2 Weeks26.09%
1 Month20.83%
3 Month7.41%
6 Month-23.68%
12 Month16%
2 Year-36.96%
3 Year-57.35%
5 Year-51.67%
10 Year52.63%
15 Year31.82%
Volatility
ATR(14)0
ATR(20)%3.28%
ATR Inc7.69%
Range Today0.01
ADR(20)0
ADR(20)%1.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.7
Mansfield-0.89
10 Day High0.14
10 Day Low0.12
20 Day High0.14
20 Day Low0.11
52 Week High0.28
52 Week Low0.11
CS1 End0.14
CR1 Start0.17
Volume & EV
DER(3)0%
DER(5)0%
Volume6.00K
Volume Incr-26.18%
Vol(5)7.57K
Vol(50)12.79K