WESCAN ENERGY CORP (WCE.CA) Technical Analysis
TSX-V:WCE • CA9508121071
We assign a technical rating of 3 out of 10 to WCE. WCE performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 86% of all other stocks performed better in the past year than WCE.
- WCE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 81% of 210 stocks in the same industry do better.
- In the last month WCE has a been trading in the 0.06 - 0.07 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
WCE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.08. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for WCE in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.06
We found 2 important support areas.
- A support 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 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 2 important areas.
- 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 | NEUTRAL | NEUTRAL | The short term trend for WCE.CA is neutral. |
| ChartMill Relative Strength | 14.12 | NEGATIVE | WCE.CA has a low relative strength, it was outperformed by 85.88% 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 | MIXED | The current price of WCE.CA is above 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) | 53.4 | 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. |
| Stochastics (14,3) | 58.33 | NEUTRAL | The Stochastics value for WCE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.57 | HIGH VOLATILITY | The high ATR as a percentage value for WCE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.2 | NEGATIVE | The low ADX value for WCE.CA suggests a weak or negative trend. |
WCE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:WCE (3/4/2026, 7:00:00 PM)
0.07
0 (0%)
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 3 / 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 53.3987. 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 neutral.
What is the support and resistance level for WCE stock?
WESCAN ENERGY CORP (WCE.CA) has a support level at 0.07 and a resistance level at 0.08. Check the full technical report for our detailed analysis of WCE.CA support and resistance levels.