WAJAX CORP (WJX.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:WJX - CA9307831052 - Common Stock
Overall WJX gets a technical rating of 9 out of 10. Both in the recent history as in the last year, WJX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, WJX also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 26.70, 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
21.77
We found 5 important support areas.
- A support zone ranging from 26.12 to 26.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.86 to 24.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.55 from a trend line in the weekly time frame.
- Support @23.09 from a trend line in the daily time frame.
- Support @21.99 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 27.73 to 27.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.60 from a horizontal line in the daily 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 | 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 | 72.72 | POSITIVE | WJX.CA has a high relative strength, it outperformed 72.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WJX.CA is below 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) | 52.82 | NEUTRAL | The RSI value for WJX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests WJX.CA has a negative trend. |
| Stochastics (14,3) | 45.41 | NEUTRAL | The Stochastics value for WJX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for WJX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.07 | POSITIVE | The high ADX value value for WJX.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 27.96 | 27.35 | 0.61 (2.18%) | 25.00% |
| An entry @27.96. This is a Buy Stop order right above the resistance zone. | An exit @27.35. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.61 points, which is 2.18%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.55%. |
- The distance between exit and entry is rather small compared to the average daily movement of WJX. Please evaluate whether better entry and exit points can be found.
- 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 (12/19/2025, 7:00:00 PM)
27.55
-0.42 (-1.5%)
WAJAX CORP / WJX.CA FAQ
What is the ChartMill technical rating of WAJAX CORP (WJX.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to WJX.CA.
What is the current trend direction of WAJAX CORP (WJX.CA) stock?
The current trend direction for WAJAX CORP (WJX.CA) is Bullish.
What is the RSI signal for WAJAX CORP (WJX.CA) stock?
WAJAX CORP (WJX.CA) has an RSI value of 52.82. This indicates that the stock is currently neutral.
What is the short term momentum for WAJAX CORP (WJX.CA) stock?
The short term momentum for WAJAX CORP (WJX.CA) is positive.
What are the support and resistance levels for WAJAX CORP (WJX.CA) stock?
WAJAX CORP (WJX.CA) has a support level at 26.7 and a resistance level at 27.73. Check the full technical report for our detailed analysis of WJX.CA support and resistance levels.