WESTAIM CORP/THE (WED.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:WED - US9569251013 - Common Stock
We assign a technical rating of 4 out of 10 to WED. In the past year, WED was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
WED has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 27.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.52, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WED in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
22.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 26.02 to 26.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.55 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 27.10 to 27.50. 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 | NEUTRAL | NEUTRAL | The long term trend for WED.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WED.CA is up. |
| ChartMill Relative Strength | 14.71 | NEGATIVE | WED.CA has a low relative strength, it was outperformed by 85.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WED.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WED.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WED.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.23 | NEUTRAL | The RSI value for WED.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests WED.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.23 | NEUTRAL | The Stochastics value for WED.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for WED.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.91 | POSITIVE | The high ADX value value for WED.CA suggests a strong trend. |
TSX-V:WED (12/24/2025, 7:00:00 PM)
26.53
+0.32 (+1.22%)
WESTAIM CORP/THE / WED.CA FAQ
Can you provide the ChartMill technical rating for WESTAIM CORP/THE?
ChartMill assigns a technical rating of 4 / 10 to WED.CA.
What is the current trend direction of WESTAIM CORP/THE (WED.CA) stock?
The current trend direction for WESTAIM CORP/THE (WED.CA) is Bearish.
Can you provide the RSI signal for WESTAIM CORP/THE?
WESTAIM CORP/THE (WED.CA) has an RSI value of 58.233. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WESTAIM CORP/THE?
The MACD indicator for WESTAIM CORP/THE (WED.CA) has a value of 0.130095, indicating a bearish trend.
What is the support and resistance level for WED stock?
WESTAIM CORP/THE (WED.CA) has a support level at 26.52 and a resistance level at 27.1. Check the full technical report for our detailed analysis of WED.CA support and resistance levels.