WAJAX CORP (WJX.CA) Stock Technical Analysis
Canada - TSX:WJX - CA9307831052 - Common Stock
24.11 CAD
+0.43 (+1.82%)
Taking everything into account, WJX scores 6 out of 10 in our technical rating. Although WJX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, WJX is a bad performer in the overall market: 76% of all stocks are doing better.
WJX is one of the lesser performing stocks in the Trading Companies & Distributors industry. 63% of 12 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
WJX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WJX is lagging the market slightly.
In the last month WJX has a been trading in the 23.10 - 24.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WJX has an average technical rating and the quality of the presented setup is also not ideal 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
21.68
24.71
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.33 to 23.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.90 to 21.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 24.12 to 24.47. 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 | UP | POSITIVE | The long term trend for WJX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WJX.CA is up. |
| ChartMill Relative Strength | 24.95 | NEGATIVE | WJX.CA has a low relative strength, it was outperformed by 75.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WJX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WJX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WJX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.1 | NEUTRAL | The RSI value for WJX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WJX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.88 | NEUTRAL | The Stochastics value for WJX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for WJX.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.19 | NEGATIVE | The low ADX value for WJX.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.48 | 23.09 | 1.39 (5.68%) | 17.61% |
| An entry @24.48. This is a Buy Stop order right above the resistance zone. | An exit @23.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.39 points, which is 5.68%. | For a 1.00% total portfolio risk, you can invest 17.61% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:WJX (9/22/2025, 7:00:00 PM)
24.11
+0.43 (+1.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg1.82%
1 Week2.86%
2 Weeks1.56%
1 Month1.9%
3 Month6.49%
6 Month38.88%
12 Month-5.45%
2 Year-14.32%
3 Year29.62%
5 Year102.6%
10 Year9.14%
15 Year-13.02%
Volatility
ATR(14)0.39
ATR(20)%1.71%
ATR Inc9.14%
Range Today0.59
ADR(20)0.4
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.95
Mansfield-0.09
10 Day High24.13
10 Day Low23.1
20 Day High24.51
20 Day Low23.1
52 Week High26.2
52 Week Low15.55
CS1 End23.72
CR1 Start24.12
Volume & EV
DER(3)7.41%
DER(5)4.49%
Volume48.68K
Volume Incr12.45%
Vol(5)40.51K
Vol(50)34.15K