WELL HEALTH TECHNOLOGIES (WELL-DB.CA) Stock Technical Analysis
Canada - TSX:WELL-DB - CA94947LAC69
Overall WELL-DB gets a technical rating of 3 out of 10. In the last year, WELL-DB was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, WELL-DB does present a nice setup opportunity. 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. There is a resistance zone just above the current price starting at 100.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 100.20, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
95.04
2 important support areas can be observed.
- A support zone ranging from 97.75 to 100.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 96.00 to 96.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 100.39 to 102.50. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for WELL-DB.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WELL-DB.CA is neutral. |
| ChartMill Relative Strength | 32.25 | NEUTRAL | WELL-DB.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WELL-DB.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WELL-DB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WELL-DB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.84 | NEUTRAL | The RSI value for WELL-DB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests WELL-DB.CA has a negative trend. |
| Stochastics (14,3) | 82.31 | OVERBOUGHT | The high Stochastics value suggests WELL-DB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for WELL-DB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.03 | NEGATIVE | The low ADX value for WELL-DB.CA suggests a weak or negative trend. |
TSX:WELL-DB (10/1/2025, 7:00:00 PM)
100.25
-0.25 (-0.25%)