WELL HEALTH TECHNOLOGIES (WELL-DB.CA) Stock Technical Analysis
TSX:WELL-DB - Toronto Stock Exchange - CA94947LAC69 - Currency: CAD
Taking everything into account, WELL-DB scores 0 out of 10 in our technical rating. WELL-DB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
WELL-DB has a bad 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 98.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 98.49, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
94.06
When analyzing the support we notice one important area.
- A support zone ranging from 95.01 to 98.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 98.90 to 100.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 102.00 to 102.50. 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 WELL-DB.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WELL-DB.CA is neutral. |
| ChartMill Relative Strength | 37.4 | NEUTRAL | WELL-DB.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WELL-DB.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WELL-DB.CA is above a declining 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) | 50.86 | NEUTRAL | The RSI value for WELL-DB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests WELL-DB.CA has a positive trend. |
| Stochastics (14,3) | 58.32 | NEUTRAL | The Stochastics value for WELL-DB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for WELL-DB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 8.9 | NEGATIVE | The low ADX value for WELL-DB.CA suggests a weak or negative trend. |
TSX:WELL-DB (6/23/2025, 7:00:00 PM)
98.6
+0.05 (+0.05%)