WESCAN ENERGY CORP (WCE.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:WCE - CA9508121071 - Common Stock
Overall WCE gets a technical rating of 1 out of 10. WCE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 92% of all other stocks performed better in the past year than WCE.
- WCE is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 77% are performing better than WCE.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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 - 0.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of WCE is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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.
We can see 2 important resistance 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 | 8.03 | NEGATIVE | WCE.CA has a low relative strength, it was outperformed by 91.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WCE.CA is above a declining 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) | UP | MIXED | The current price of WCE.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.24 | 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) | 71.11 | 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) | 16.61 | NEGATIVE | The low ADX value for WCE.CA suggests a weak or negative trend. |
TSX-V:WCE (1/14/2026, 7:00:00 PM)
0.07
0 (-6.67%)
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 1 / 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 54.2379. 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 0.06 and a resistance level at 0.08. Check the full technical report for our detailed analysis of WCE.CA support and resistance levels.