WINPAK LTD (WPK.CA) Stock Technical Analysis
TSX:WPK - Toronto Stock Exchange - CA97535P1045 - Common Stock - Currency: CAD
Overall WPK gets a technical rating of 7 out of 10. In the last year, WPK was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
WPK is one of the lesser performing stocks in the Containers & Packaging industry. 75% of 9 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month WPK has a been trading in the 42.63 - 45.87 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, WPK turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
WPK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WPK is lagging the market slightly.
WPK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 45.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.45, a Stop Loss order could be placed below this zone.
More info and screens
38.02
45.80
We found 2 important support areas.
- A support zone ranging from 42.49 to 43.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.40 to 38.74. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 45.01 to 45.35. This zone is formed by a combination of multiple trend lines and important moving averages 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 WPK.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WPK.CA is up. |
| ChartMill Relative Strength | 62.57 | NEUTRAL | WPK.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WPK.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WPK.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WPK.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.86 | NEUTRAL | The RSI value for WPK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests WPK.CA has a negative trend. |
| Stochastics (14,3) | 73.12 | NEUTRAL | The Stochastics value for WPK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for WPK.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 34.24 | POSITIVE | The high ADX value value for WPK.CA suggests a strong 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 |
|---|---|---|---|
| 45.36 | 44.03 | 1.33 (2.93%) | 25.00% |
| An entry @45.36. This is a Buy Stop order right above the resistance zone. | An exit @44.03. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.33 points, which is 2.93%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%. |
- The distance between exit and entry is rather small compared to the average daily movement of WPK. 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:WPK (6/16/2025, 7:00:00 PM)
44.85
-0.23 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-0.51%
1 Week0.49%
2 Weeks-1.15%
1 Month2.91%
3 Month14.97%
6 Month-6.66%
12 Month4.08%
2 Year8.83%
3 Year1.95%
5 Year7.84%
10 Year18.4%
15 Year402.8%
Volatility
ATR(14)0.97
ATR(20)%1.96%
ATR Inc19.22%
Range Today1.12
ADR(20)0.86
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.57
Mansfield-0.42
10 Day High45.87
10 Day Low44.04
20 Day High45.87
20 Day Low42.63
52 Week High51.16
52 Week Low37.57
CS1 End43.45
CR1 Start45.01
Volume & EV
DER(3)0.81%
DER(5)0.9%
Volume40.30K
Volume Incr16.05%
Vol(5)47.00K
Vol(50)42.96K