WESTBRIDGE RENEWABLE ENERGY (WEB.CA) Stock Technical Analysis
Canada - TSX-V:WEB - CA95716A2011 - Common Stock
2.64 CAD
-0.03 (-1.12%)
Overall WEB gets a technical rating of 2 out of 10. 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.
92% of all other stocks performed better in the past year than WEB.
WEB is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 93% of 34 stocks in the same industry do better.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
WEB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WEB is lagging the market.
In the last month WEB has a been trading in the 2.14 - 3.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
2.57
3.37
We found 1 important support area.
- A support zone ranging from 2.60 to 2.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @3.34 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for WEB.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WEB.CA is down. |
| ChartMill Relative Strength | 8.6 | NEGATIVE | WEB.CA has a low relative strength, it was outperformed by 91.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WEB.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WEB.CA is above 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) | 42.85 | NEUTRAL | The RSI value for WEB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests WEB.CA has a negative trend. |
| Stochastics (14,3) | 11.25 | OVERSOLD | The low Stochastics value suggests WEB.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.36 | HIGH VOLATILITY | The high ATR as a percentage value for WEB.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 34.12 | 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 (10/10/2025, 7:00:00 PM)
2.64
-0.03 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.12%
1 Week-14.29%
2 Weeks-21.19%
1 Month22.79%
3 Month-9.59%
6 Month8.2%
12 Month-24.14%
2 Year-13.16%
3 Year80.82%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%6.36%
ATR Inc-45.49%
Range Today0.11
ADR(20)0.16
ADR(20)%6.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.6
Mansfield-1.77
10 Day High3.42
10 Day Low2.59
20 Day High3.42
20 Day Low2.14
52 Week High3.64
52 Week Low2.02
CS1 End2.63
CR1 Start3.34
Volume & EV
DER(3)38.07%
DER(5)25.65%
Volume16.55K
Volume Incr-12.4%
Vol(5)40.09K
Vol(50)52.42K