WESTBRIDGE RENEWABLE ENERGY (WEB.CA) Stock Technical Analysis
TSX-V:WEB • CA95716A2011
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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, WEB is a bad performer in the overall market: 97% of all stocks are doing better.
- WEB is part of the Independent Power and Renewable Electricity Producers industry. There are 31 other stocks in this industry, of which 100% are performing better than WEB.
- WEB is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month WEB has a been trading in the 1.72 - 2.14 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
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
1.71
4 important resistance areas can be observed.
- A resistance zone ranging from 1.87 to 1.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.07 from a trend line in the weekly time frame.
- Resistance @3.26 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 | 3.55 | NEGATIVE | WEB.CA has a low relative strength, it was outperformed by 96.45% 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) | 25.14 | OVERSOLD | The low RSI value suggests WEB.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WEB.CA has a negative trend. |
| Stochastics (14,3) | 25.75 | NEUTRAL | The Stochastics value for WEB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for WEB.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 38.46 | POSITIVE | The high ADX value value for WEB.CA suggests a strong trend. |
TSX-V:WEB (2/19/2026, 7:00:00 PM)
1.73
-0.15 (-7.98%)
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 25.1449. This indicates that the stock is currently oversold.
Can you provide the MACD signal for WESTBRIDGE RENEWABLE ENERGY?
The MACD indicator for WESTBRIDGE RENEWABLE ENERGY (WEB.CA) has a value of -0.00734015, 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 negative.