WESTBRIDGE RENEWABLE ENERGY (WEB.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:WEB - CA95716A2011 - Common Stock
We assign a technical rating of 0 out of 10 to WEB. WEB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, WEB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.02
We found 1 important support area.
- Support @2.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.17 to 2.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.20 from a trend line in the weekly time frame.
- Resistance @3.30 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 | DOWN | NEGATIVE | The short term trend for WEB.CA is down. |
| ChartMill Relative Strength | 11.8 | NEGATIVE | WEB.CA has a low relative strength, it was outperformed by 88.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WEB.CA is above 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) | 42.26 | NEUTRAL | The RSI value for WEB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WEB.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.45 | NEUTRAL | The Stochastics value for WEB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for WEB.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.49 | POSITIVE | The high ADX value value for WEB.CA suggests a strong trend. |
TSX-V:WEB (12/9/2025, 7:00:00 PM)
2.15
-0.01 (-0.46%)
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 trend direction for WEB 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 42.2552. This indicates that the stock is currently neutral.
What is the MACD signal for WESTBRIDGE RENEWABLE ENERGY (WEB.CA) stock?
The MACD indicator for WESTBRIDGE RENEWABLE ENERGY (WEB.CA) has a value of 0.0265672, indicating a bearish trend.
What are the support and resistance levels for WESTBRIDGE RENEWABLE ENERGY (WEB.CA) stock?
WESTBRIDGE RENEWABLE ENERGY (WEB.CA) has a support level at 2.04 and a resistance level at 2.17. Check the full technical report for our detailed analysis of WEB.CA support and resistance levels.