WASTE CONNECTIONS INC (WCN.CA) Stock Technical Analysis
TSX:WCN • CA94106B1013
Taking everything into account, WCN scores 1 out of 10 in our technical rating. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, WCN is a bad performer in the overall market: 87% 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 82% are performing better than WCN.
- WCN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month WCN has a been trading in the 211.93 - 235.43 range, which is quite wide. It is currently trading near the high of this range.
WCN 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 235.00. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for WCN in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
216.07
We found 1 important support area.
- Support @218.25 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 235.00 to 238.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 244.66 to 248.12. 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 | NEUTRAL | NEUTRAL | The short term trend for WCN.CA is neutral. |
| ChartMill Relative Strength | 13.8 | NEGATIVE | WCN.CA has a low relative strength, it was outperformed by 86.2% 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) | DOWN | NEGATIVE | The current price of WCN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.43 | NEUTRAL | The RSI value for WCN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.27 | POSITIVE | The MACD value suggests WCN.CA has a positive trend. |
| Stochastics (14,3) | 84.23 | OVERBOUGHT | The high Stochastics value suggests WCN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for WCN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.43 | NEUTRAL | The ADX value for WCN.CA suggests a possible start of a new trend. |
TSX:WCN (2/27/2026, 7:00:00 PM)
234.73
+3.05 (+1.32%)
WASTE CONNECTIONS INC / WCN.CA FAQ
What is the ChartMill technical rating of WASTE CONNECTIONS INC (WCN.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to WCN.CA.
What is the current trend direction of WASTE CONNECTIONS INC (WCN.CA) stock?
The current trend direction for WASTE CONNECTIONS INC (WCN.CA) is Bearish.
What is the RSI signal for WCN stock?
WASTE CONNECTIONS INC (WCN.CA) has an RSI value of 57.427. This indicates that the stock is currently neutral.
What are the support and resistance levels for WASTE CONNECTIONS INC (WCN.CA) stock?
WASTE CONNECTIONS INC (WCN.CA) has a support level at 218.25 and a resistance level at 235. Check the full technical report for our detailed analysis of WCN.CA support and resistance levels.