WHITECAP RESOURCES INC (WCP.CA) Stock Technical Analysis
TSX:WCP - Toronto Stock Exchange - CA96467A2002 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to WCP. Although WCP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
In the last month WCP has a been trading in the 8.88 - 9.98 range, which is quite wide. It is currently trading near the high of this range.
WCP has an average volume of 8913520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, WCP turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
WCP is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, WCP did better than 52% of them.
WCP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WCP is lagging the market.
Although WCP has an excellent technical rating, it does not offer a high 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
8.97
11.29
We found 2 important support areas.
- A support zone ranging from 9.28 to 9.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.06 to 9.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- Resistance @9.90 from a horizontal line in the daily time frame.
- Resistance @10.42 from a trend line in the weekly time frame.
- Resistance @10.77 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 11.03 to 11.18. 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 | UP | POSITIVE | The long term trend for WCP.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WCP.CA is up. |
| ChartMill Relative Strength | 46.9 | NEUTRAL | WCP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WCP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WCP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WCP.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.54 | OVERBOUGHT | The high RSI value suggests WCP.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WCP.CA has a positive trend. |
| Stochastics (14,3) | 93.8 | OVERBOUGHT | The high Stochastics value suggests WCP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for WCP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.83 | NEUTRAL | The ADX value for WCP.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:WCP (7/21/2025, 7:00:00 PM)
9.9
-0.03 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.3%
1 Week2.27%
2 Weeks6.8%
1 Month3.56%
3 Month20.88%
6 Month-0.6%
12 Month-5.53%
2 Year-5.98%
3 Year1.12%
5 Year347.96%
10 Year-13.16%
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%1.86%
ATR Inc16.93%
Range Today0.13
ADR(20)0.18
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.9
Mansfield-0.51
10 Day High9.98
10 Day Low9.25
20 Day High9.98
20 Day Low8.88
52 Week High11.31
52 Week Low6.87
CS1 End9.48
CR1 Start9.9
Volume & EV
DER(3)2.49%
DER(5)-0.74%
Volume5.25M
Volume Incr-5.64%
Vol(5)5.87M
Vol(50)8.91M