WASTE CONNECTIONS INC (WCN.CA) Stock Technical Analysis
Canada - TSX:WCN - CA94106B1013 - Common Stock
238.12 CAD
-0.74 (-0.31%)
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, WCN is a bad performer in the overall market: 83% of all stocks are doing better.
WCN is one of the lesser performing stocks in the Commercial Services & Supplies industry. 65% of 24 stocks in the same industry do better.
WCN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month WCN has a been trading in the 236.00 - 255.30 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
The technical rating of WCN 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
235.73
275.45
When analyzing the support we notice one important area.
- A support zone ranging from 238.11 to 238.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 239.52 to 241.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 250.01 to 258.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 264.24 to 264.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 271.42 to 272.72. 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 | 17.68 | NEGATIVE | WCN.CA has a low relative strength, it was outperformed by 82.32% off all stocks 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) | DOWN | NEGATIVE | The current price of WCN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.16 | NEUTRAL | The RSI value for WCN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests WCN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.34 | OVERSOLD | The low Stochastics value suggests WCN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for WCN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 25.41 | POSITIVE | The high ADX value value for WCN.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:WCN (9/23/2025, 7:00:00 PM)
238.12
-0.74 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.31%
1 Week-0.22%
2 Weeks-3.27%
1 Month-5.72%
3 Month-6.52%
6 Month-13.72%
12 Month-0.68%
2 Year30.57%
3 Year27.58%
5 Year72.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.9
ATR(20)%1.61%
ATR Inc-30.91%
Range Today3.21
ADR(20)3.82
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.68
Mansfield-1.76
10 Day High248.7
10 Day Low236
20 Day High255.3
20 Day Low236
52 Week High284.73
52 Week Low236
CS1 End238.11
CR1 Start239.52
Volume & EV
DER(3)1.34%
DER(5)0.3%
Volume294.99K
Volume Incr120.59%
Vol(5)550.06K
Vol(50)335.48K