WSP GLOBAL INC (WSP.CA) Stock Technical Analysis
TSX:WSP - Toronto Stock Exchange - CA92938W2022 - Common Stock - Currency: CAD
Overall WSP gets a technical rating of 10 out of 10. Both in the recent history as in the last year, WSP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, WSP did better than 78% of all other stocks. We also observe that the gains produced by WSP over the past year are nicely spread over this period.
WSP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WSP is performing more or less in line with the market.
WSP is an average performer in the Construction & Engineering industry, it outperforms 50% of 7 stocks in the same industry.
In the last month WSP has a been trading in a tight range between 269.83 and 284.15.
Besides having an excellent technical rating, WSP also presents 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 271.51, a Stop Loss order could be placed below this zone.
More info and screens
220.63
285.67
When analyzing the support we can see 5 important areas.
- A support zone ranging from 271.51 to 271.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @250.49 from a horizontal line in the daily time frame.
- Support @236.91 from a trend line in the weekly time frame.
- Support @230.64 from a horizontal line in the daily time frame.
- Support @222.86 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 281.22 to 282.84. 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 WSP.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WSP.CA is up. |
| ChartMill Relative Strength | 78.1 | POSITIVE | WSP.CA has a high relative strength, it outperformed 78.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WSP.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WSP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WSP.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.2 | NEUTRAL | The RSI value for WSP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.85 | NEGATIVE | The MACD value suggests WSP.CA has a negative trend. |
| Stochastics (14,3) | 21.49 | NEUTRAL | The Stochastics value for WSP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for WSP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.99 | POSITIVE | The high ADX value value for WSP.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 |
|---|---|---|---|
| 275.37 | 271.50 | 3.87 (1.40%) | 25.00% |
| An entry @275.37. This is a Buy Stop order right above the 10 day moving average. | An exit @271.50. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.87 points, which is 1.40%. | For a 0.35% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of WSP. 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:WSP (6/13/2025, 7:00:00 PM)
271.52
-3.38 (-1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-1.23%
1 Week-2.16%
2 Weeks-3.45%
1 Month0.15%
3 Month9.64%
6 Month8.33%
12 Month31.27%
2 Year55.14%
3 Year86.56%
5 Year226.11%
10 Year590.72%
15 YearN/A
Volatility
ATR(14)4.43
ATR(20)%1.63%
ATR Inc-9.48%
Range Today2.68
ADR(20)4.11
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.1
Mansfield0.71
10 Day High284.07
10 Day Low269.83
20 Day High284.15
20 Day Low269.83
52 Week High284.15
52 Week Low204.28
CS1 End271.51
CR1 Start281.22
Volume & EV
DER(3)-1.03%
DER(5)-3.28%
Volume274.11K
Volume Incr2.89%
Vol(5)286.39K
Vol(50)276.29K