WASTE CONNECTIONS INC (WCN.CA) Stock Technical Analysis
TSX:WCN - Toronto Stock Exchange - CA94106B1013 - Common Stock - Currency: CAD
Taking everything into account, WCN scores 3 out of 10 in our technical rating. In the past year, WCN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, WCN is a bad performer in the overall market: 76% of all stocks are doing better.
WCN is part of the Commercial Services & Supplies industry. There are 24 other stocks in this industry, of which 60% are performing better than WCN.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
WCN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
WCN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WCN is lagging the market.
Although the technical rating is bad, WCN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 258.05, a Stop Loss order could be placed below this zone.
More info and screens
237.12
284.38
We found 2 important support areas.
- A support zone ranging from 255.13 to 258.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 239.52 to 248.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 258.69 to 262.74. 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 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 | NEUTRAL | NEUTRAL | The long term trend for WCN.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WCN.CA is up. |
| ChartMill Relative Strength | 24.39 | NEGATIVE | WCN.CA has a low relative strength, it was outperformed by 75.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WCN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WCN.CA is above 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) | 55.61 | NEUTRAL | The RSI value for WCN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests WCN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.25 | NEUTRAL | The Stochastics value for WCN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for WCN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.67 | NEGATIVE | The low ADX value for WCN.CA suggests a weak or negative 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 (8/8/2025, 7:00:00 PM)
258.63
+0.18 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.07%
1 Week-0.04%
2 Weeks0.62%
1 Month3.95%
3 Month-4.94%
6 Month-4.82%
12 Month4.45%
2 Year39.62%
3 Year41.44%
5 Year98.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.5
ATR(20)%1.62%
ATR Inc-22.42%
Range Today3.91
ADR(20)4.11
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.39
Mansfield-0.86
10 Day High264.58
10 Day Low254.69
20 Day High264.58
20 Day Low245.6
52 Week High284.73
52 Week Low237.56
CS1 End258.05
CR1 Start258.69
Volume & EV
DER(3)0.68%
DER(5)-2.46%
Volume230.99K
Volume Incr-23.15%
Vol(5)304.55K
Vol(50)328.54K