TSX:WELL - CA94947L1022 - Common Stock
We assign a technical rating of 4 out of 10 to WELL. WELL has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
WELL has only a medium 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. There is a support zone below the current price at 4.66, a Stop Loss order could be placed below this zone.
3.71
3 important support areas can be observed.
2 important resistance areas can be observed.
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 WELL.CA is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WELL.CA is down. |
ChartMill Relative Strength | 62.71 | NEUTRAL | WELL.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WELL.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WELL.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WELL.CA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 46.1 | NEUTRAL | The RSI value for WELL.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests WELL.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 10.86 | OVERSOLD | The low Stochastics value suggests WELL.CA may be oversold. |
Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for WELL.CA suggests some volalility. |
Average Directional Index/ADX (14) | 34.49 | POSITIVE | The high ADX value value for WELL.CA suggests a strong trend. |
TSX:WELL (9/4/2025, 7:00:00 PM)
4.67
+0.03 (+0.65%)