WESTBRIDGE RENEWABLE ENERGY (WEB.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:WEB - CA95716A2011 - Common Stock
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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, WEB is a bad performer in the overall market: 96% of all stocks are doing better.
- WEB is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 100% of 32 stocks in the same industry do better.
- 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 1.81 - 2.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
WEB has a poor technical rating and the quality of the setup is also only medium 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
1.98
When analyzing the resistance we notice 4 important areas.
- Resistance @2.00 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.25 to 2.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.12 from a trend line in the weekly time frame.
- Resistance @3.36 from a horizontal line in the weekly 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 | 4.46 | NEGATIVE | WEB.CA has a low relative strength, it was outperformed by 95.54% 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) | 30.72 | NEUTRAL | The RSI value for WEB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WEB.CA has a negative trend. |
| Stochastics (14,3) | 49.17 | NEUTRAL | The Stochastics value for WEB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for WEB.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.81 | NEUTRAL | The ADX value for WEB.CA suggests a possible start of a new trend. |
TSX-V:WEB (1/23/2026, 7:00:00 PM)
2
-0.04 (-1.96%)
WESTBRIDGE RENEWABLE ENERGY / WEB.CA FAQ
What is the ChartMill technical rating of WESTBRIDGE RENEWABLE ENERGY (WEB.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to WEB.CA.
What is the current trend direction of WESTBRIDGE RENEWABLE ENERGY (WEB.CA) stock?
The current trend direction for WESTBRIDGE RENEWABLE ENERGY (WEB.CA) is Bearish.
What is the RSI signal for WEB stock?
WESTBRIDGE RENEWABLE ENERGY (WEB.CA) has an RSI value of 30.7225. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WESTBRIDGE RENEWABLE ENERGY?
The MACD indicator for WESTBRIDGE RENEWABLE ENERGY (WEB.CA) has a value of -0.0142616, indicating a bearish trend.
What is the short term momentum for WESTBRIDGE RENEWABLE ENERGY (WEB.CA) stock?
The short term momentum for WESTBRIDGE RENEWABLE ENERGY (WEB.CA) is neutral.