WESTBRIDGE RENEWABLE ENERGY (WEB.CA) Stock Technical Analysis
Canada - TSX-V:WEB - CA95716A2011 - Common Stock
Overall WEB gets a technical rating of 0 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.
The technical rating of WEB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.18
We can see 4 important resistance areas.
- Resistance @2.46 from a trend line in the daily time frame.
- A resistance zone ranging from 2.58 to 2.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.24 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.32 to 3.36. 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 | 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 | 7.77 | NEGATIVE | WEB.CA has a low relative strength, it was outperformed by 92.23% 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) | 27.86 | OVERSOLD | The low RSI value suggests WEB.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests WEB.CA has a negative trend. |
| Stochastics (14,3) | 13.4 | OVERSOLD | The low Stochastics value suggests WEB.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for WEB.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.9 | POSITIVE | The high ADX value value for WEB.CA suggests a strong trend. |
TSX-V:WEB (11/7/2025, 7:00:00 PM)
2.2
-0.06 (-2.65%)
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 27.8576. This indicates that the stock is currently oversold.
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 -0.050713, 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 resistance level at 2.46. Check the full technical report for our detailed analysis of WEB.CA support and resistance levels.