WESCAN ENERGY CORP (WCE.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:WCE • CA9508121071
Overall WCE gets a technical rating of 2 out of 10. WCE performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, WCE is a bad performer in the overall market: 94% of all stocks are doing better.
- WCE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 82% of 212 stocks in the same industry do better.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- WCE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WCE is lagging the market.
- In the last month WCE has a been trading in the 0.05 - 0.07 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.
The technical rating of WCE 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
0.06
We found 1 important support area.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.09 from a horizontal line in the daily 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 WCE.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WCE.CA is down. |
| ChartMill Relative Strength | 6.99 | NEGATIVE | WCE.CA has a low relative strength, it was outperformed by 93.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WCE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WCE.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WCE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.12 | NEUTRAL | The RSI value for WCE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WCE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.67 | NEUTRAL | The Stochastics value for WCE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.08 | HIGH VOLATILITY | The high ATR as a percentage value for WCE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.51 | NEGATIVE | The low ADX value for WCE.CA suggests a weak or negative trend. |
TSX-V:WCE (2/6/2026, 7:00:00 PM)
0.065
+0.01 (+8.33%)
WESCAN ENERGY CORP / WCE.CA FAQ
What is the ChartMill technical rating of WESCAN ENERGY CORP (WCE.CA) stock?
ChartMill assigns a technical rating of 2 / 10 to WCE.CA.
What is the trend direction for WCE stock?
The current trend direction for WESCAN ENERGY CORP (WCE.CA) is Bearish.
What is the RSI signal for WESCAN ENERGY CORP (WCE.CA) stock?
WESCAN ENERGY CORP (WCE.CA) has an RSI value of 50.1183. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WESCAN ENERGY CORP?
The short term momentum for WESCAN ENERGY CORP (WCE.CA) is negative.
What is the support and resistance level for WCE stock?
WESCAN ENERGY CORP (WCE.CA) has a support level at 0.06 and a resistance level at 0.07. Check the full technical report for our detailed analysis of WCE.CA support and resistance levels.