WASTE CONNECTIONS INC (WCN.CA) Stock Technical Analysis
TSX:WCN - Toronto Stock Exchange - CA94106B1013 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to WCN. WCN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
66% of all other stocks performed better in the past year than WCN.
WCN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
WCN is an average performer in the Commercial Services & Supplies industry, it outperforms 43% of 24 stocks in the same industry.
WCN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WCN is lagging the market slightly.
Although the technical rating is bad, WCN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 255.05, a Stop Loss order could be placed below this zone.
More info and screens
251.53
284.38
When analyzing the support we notice one important area.
- A support zone ranging from 254.07 to 255.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 255.06 to 257.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 262.15 to 266.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 271.42 to 281.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for WCN.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WCN.CA is down. |
| ChartMill Relative Strength | 34.01 | NEUTRAL | WCN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WCN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WCN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WCN.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.17 | NEUTRAL | The RSI value for WCN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests WCN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.23 | OVERSOLD | The low Stochastics value suggests WCN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.38 | LOW VOLATILITY | The low ATR as a percentage value for WCN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.42 | NEUTRAL | The ADX value for WCN.CA suggests a possible start of a new 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:WCN (6/20/2025, 7:00:00 PM)
255.06
-0.34 (-0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.13%
1 Week-1.6%
2 Weeks-2.09%
1 Month-5.49%
3 Month-5.99%
6 Month1.83%
12 Month6.64%
2 Year34.72%
3 Year59.81%
5 Year100.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.53
ATR(20)%1.38%
ATR Inc-20.27%
Range Today4.11
ADR(20)3.45
ADR(20)%1.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.01
Mansfield-0.46
10 Day High262.17
10 Day Low252.24
20 Day High273.55
20 Day Low252.24
52 Week High284.73
52 Week Low237.07
CS1 End255.05
CR1 Start255.06
Volume & EV
DER(3)-2.29%
DER(5)-0.01%
Volume597.49K
Volume Incr32%
Vol(5)293.05K
Vol(50)269.14K