WESTAIM CORP/THE (WED.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:WED - US9569251013 - Common Stock
Overall WED gets a technical rating of 1 out of 10. WED scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 88% of all other stocks performed better in the past year than WED.
- WED is part of the Capital Markets industry. There are 81 other stocks in this industry, of which 82% are performing better than WED.
- WED is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month WED has a been trading in the 24.10 - 27.60 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: WED has an average volume of 15332 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
WED has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. 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
22.28
We found 2 important support areas.
- A support zone ranging from 24.68 to 24.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 22.50 to 22.61. This zone is formed by a combination of multiple trend lines in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 24.93 to 25.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.18 from a trend line in the weekly time frame.
- Resistance @26.65 from a trend line in the daily time frame.
- 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 | DOWN | NEGATIVE | The long term trend for WED.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WED.CA is down. |
| ChartMill Relative Strength | 12.76 | NEGATIVE | WED.CA has a low relative strength, it was outperformed by 87.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WED.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WED.CA is above the rising 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) | 47.26 | NEUTRAL | The RSI value for WED.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests WED.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.7 | NEUTRAL | The Stochastics value for WED.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for WED.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.78 | NEUTRAL | The ADX value for WED.CA suggests a possible start of a new trend. |
TSX-V:WED (1/21/2026, 7:00:00 PM)
24.92
+0.1 (+0.4%)
WESTAIM CORP/THE / WED.CA FAQ
Can you provide the ChartMill technical rating for WESTAIM CORP/THE?
ChartMill assigns a technical rating of 1 / 10 to WED.CA.
Can you provide the trend direction for WESTAIM CORP/THE?
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 47.2615. This indicates that the stock is currently neutral.
What is the short term momentum for WESTAIM CORP/THE (WED.CA) stock?
The short term momentum for WESTAIM CORP/THE (WED.CA) is negative.
What is the buy/sell signal for WESTAIM CORP/THE (WED.CA) stock?
The buy/sell signal for WESTAIM CORP/THE (WED.CA) is sell as both the short term and long term trends are negative.