WESTAIM CORP/THE (WED.CA) Stock Technical Analysis
TSX-V:WED • US9569251013
We assign a technical rating of 0 out of 10 to WED. WED's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, WED is a bad performer in the overall market: 87% of all stocks are doing better.
- WED is one of the lesser performing stocks in the Capital Markets industry. 79% of 80 stocks in the same industry do better.
- 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 23.43 - 26.00 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: WED has an average volume of 7484 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of WED 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
22.28
When analyzing the support we notice one important area.
- A support zone ranging from 22.50 to 22.68. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 23.89 to 25.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.10 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 WED.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WED.CA is down. |
| ChartMill Relative Strength | 13.47 | NEGATIVE | WED.CA has a low relative strength, it was outperformed by 86.53% 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) | DOWN | NEGATIVE | The current price of WED.CA is below 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) | 41.26 | NEUTRAL | The RSI value for WED.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests WED.CA has a negative trend. |
| Stochastics (14,3) | 18.75 | OVERSOLD | The low Stochastics value suggests WED.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for WED.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.65 | NEGATIVE | The low ADX value for WED.CA suggests a weak or negative trend. |
TSX-V:WED (2/27/2026, 7:00:00 PM)
23.79
+0.04 (+0.17%)
WESTAIM CORP/THE / WED.CA FAQ
Can you provide the ChartMill technical rating for WESTAIM CORP/THE?
ChartMill assigns a technical rating of 0 / 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 41.2638. 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.