WESTBOND ENTERPRISES CORP (WBE.CA) Stock Technical Analysis
Canada - TSX-V:WBE - CA95712L1022 - Common Stock
0.17 CAD
0 (0%)
Taking everything into account, WBE scores 6 out of 10 in our technical rating. WBE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: WBE has an average volume of 12435 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
WBE is part of the Paper & Forest Products industry. There are 12 other stocks in this industry. WBE outperforms 90% of them.
Looking at the yearly performance, WBE did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
WBE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WBE is lagging the market.
In the last month WBE has a been trading in the 0.15 - 0.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, WBE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.11
0.20
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.16 to 0.16. 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 in multiple time frames.
- Support @0.11 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @0.18 from a trend line in the daily time frame.
- A resistance zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | UP | POSITIVE | The long term trend for WBE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WBE.CA is up. |
| ChartMill Relative Strength | 76.04 | POSITIVE | WBE.CA has a high relative strength, it outperformed 76.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WBE.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WBE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WBE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.78 | NEUTRAL | The RSI value for WBE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WBE.CA has a negative trend. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for WBE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.12 | MEDIUM VOLATILITY | The ATR as a percentage value for WBE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 27 | POSITIVE | The high ADX value value for WBE.CA suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.18 | 0.15 | 0.03 (17.58%) | 5.69% |
| An entry @0.18. This is a Buy Stop order right above the 10 day moving average. | An exit @0.15. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 17.58%. | For a 1.00% total portfolio risk, you can invest 5.69% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:WBE (10/15/2025, 7:00:00 PM)
0.17
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg0%
1 Week3.03%
2 Weeks-5.56%
1 Month0%
3 Month36%
6 Month21.43%
12 Month30.77%
2 Year25.93%
3 Year-43.33%
5 Year-72.58%
10 Year70%
15 Year70%
Volatility
ATR(14)0.01
ATR(20)%4.12%
ATR Inc-100%
Range Today0
ADR(20)0
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.04
Mansfield0.09
10 Day High0.19
10 Day Low0.16
20 Day High0.19
20 Day Low0.16
52 Week High0.28
52 Week Low0.11
CS1 End0.16
CR1 Start0.18
Volume & EV
DER(3)0%
DER(5)0%
Volume8.00K
Volume Incr-32.89%
Vol(5)11.08K
Vol(50)12.44K