WESTBOND ENTERPRISES CORP (WBE.CA) Stock Technical Analysis
TSX-V:WBE - CA95712L1022 - Common Stock
0.17 CAD
0 (0%)
Taking everything into account, WBE scores 7 out of 10 in our technical rating. In the past year, WBE was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Warning: WBE has an average volume of 14869 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 one of the better performing stocks in the Paper & Forest Products industry, it outperforms 81% of 12 stocks in the same industry.
In the last month WBE has a been trading in the 0.12 - 0.19 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, WBE did better than 85% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although WBE has an excellent technical rating, it 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
0.21
We found 2 important support areas.
- Support @0.12 from a trend line in the daily time frame.
- Support @0.11 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- 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 @0.21 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 | 85.43 | POSITIVE | WBE.CA has a high relative strength, it outperformed 85.43% off all stocks 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) | 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) | 63.57 | 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) | 71.43 | NEUTRAL | The Stochastics value for WBE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.15 | HIGH VOLATILITY | The high ATR as a percentage value for WBE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.54 | 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)
TSX-V:WBE (8/29/2025, 7:00:00 PM)
0.17
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg0%
1 Week36%
2 Weeks30.77%
1 Month21.43%
3 Month54.55%
6 Month-2.86%
12 Month41.67%
2 Year-17.07%
3 Year-56.96%
5 Year-55.26%
10 Year100%
15 Year70%
Volatility
ATR(14)0.01
ATR(20)%5.15%
ATR Inc-100%
Range Today0
ADR(20)0.01
ADR(20)%3.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.43
Mansfield0.35
10 Day High0.19
10 Day Low0.12
20 Day High0.19
20 Day Low0.12
52 Week High0.28
52 Week Low0.11
CS1 End0.12
CR1 Start0.19
Volume & EV
DER(3)0%
DER(5)0%
Volume1.00K
Volume Incr178.59%
Vol(5)30.37K
Vol(50)14.87K