WSP GLOBAL INC (WSP.CA) Stock Technical Analysis
Canada - TSX:WSP - CA92938W2022 - Common Stock
Taking everything into account, WSP scores 7 out of 10 in our technical rating. Although WSP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
WSP 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 288.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 285.32, 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
244.68
3 important support areas can be observed.
- A support zone ranging from 278.15 to 285.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 270.68 to 270.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @247.15 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 288.96 to 291.44. 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 | 59.06 | NEUTRAL | WSP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WSP.CA is above 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) | 57.1 | NEUTRAL | The RSI value for WSP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests WSP.CA has a positive trend. |
| Stochastics (14,3) | 67.28 | NEUTRAL | The Stochastics value for WSP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for WSP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.71 | NEGATIVE | The low ADX value for WSP.CA suggests a weak or negative 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 |
|---|---|---|---|
| 291.45 | 276.33 | 15.13 (5.19%) | 19.27% |
| An entry @291.45. This is a Buy Stop order right above the resistance zone. | An exit @276.32. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 15.13 points, which is 5.19%. | When investing 19.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (9/19/2025, 7:00:00 PM)
287.98
+2.21 (+0.77%)