WESTBRIDGE RENEWABLE ENERGY (WEB.CA) Stock Technical Analysis
TSX-V:WEB - CA95716A1021 - Common Stock
2.5 CAD
-0.02 (-0.79%)
Overall WEB gets a technical rating of 0 out of 10. WEB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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, WEB is a bad performer in the overall market: 91% of all stocks are doing better.
WEB is part of the Independent Power and Renewable Electricity Producers industry. There are 32 other stocks in this industry, of which 96% are performing better than WEB.
WEB 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 WEB has a been trading in the 2.25 - 2.76 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of WEB 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
2.34
3.19
When analyzing the support we notice one important area.
- A support zone ranging from 2.36 to 2.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 2.51 to 2.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.77 from a trend line in the daily time frame.
- Resistance @2.83 from a trend line in the weekly time frame.
- Resistance @2.93 from a trend line in the weekly time frame.
- Resistance @3.16 from a horizontal line in the daily time frame.
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 WEB.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WEB.CA is neutral. |
| ChartMill Relative Strength | 9.54 | NEGATIVE | WEB.CA has a low relative strength, it was outperformed by 90.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WEB.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WEB.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WEB.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.39 | NEUTRAL | The RSI value for WEB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WEB.CA has a positive trend. |
| Stochastics (14,3) | 40.58 | NEUTRAL | The Stochastics value for WEB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for WEB.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 35.01 | POSITIVE | The high ADX value value for WEB.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-V:WEB (8/22/2025, 7:00:00 PM)
2.5
-0.02 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.79%
1 Week0.81%
2 Weeks0.81%
1 Month-5.3%
3 Month-16.67%
6 Month-23.78%
12 Month-25.6%
2 Year-34.21%
3 Year108.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%5.1%
ATR Inc116.45%
Range Today0.39
ADR(20)0.12
ADR(20)%4.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.54
Mansfield-2.49
10 Day High2.64
10 Day Low2.25
20 Day High2.76
20 Day Low2.25
52 Week High3.64
52 Week Low2.2
CS1 End2.42
CR1 Start2.51
Volume & EV
DER(3)12.57%
DER(5)35.85%
Volume25.88K
Volume Incr-33.28%
Vol(5)54.20K
Vol(50)70.24K