Logo image of WCP.CA

WHITECAP RESOURCES INC (WCP.CA) Stock Technical Analysis

TSX:WCP - Toronto Stock Exchange - CA96467A2002 - Common Stock - Currency: CAD

9.78  -0.02 (-0.2%)

Technical Rating and Analysis

1

Taking everything into account, WCP scores 1 out of 10 in our technical rating. WCP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
WCP has an average volume of 2148270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, WCP outperforms 47% of them, which is more or less in line with the market.
WCP is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 55% of 214 stocks in the same industry.
WCP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WCP is lagging the market.
In the last month WCP has a been trading in the 8.86 - 10.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
WHITECAP RESOURCES INC / WCP Weekly stock chart
WHITECAP RESOURCES INC / WCP Daily stock chart
Setup Rating and Analysis

3

The technical rating of WCP is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

9.31

11.29

We found 2 important support areas.

  • Support @9.56 from a horizontal line in the weekly time frame.
  • Support @9.40 from a horizontal line in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 10.01 to 10.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 10.28 to 10.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 10.67 to 10.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 11.03 to 11.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.91
Mansfield-1.18
10 Day High10.2
10 Day Low8.86
20 Day High10.79
20 Day Low8.86
52 Week High11.31
52 Week Low8.4
Performance
1 Week-0.1%
2 Weeks-3.36%
1 Month-6.5%
3 Month-5.96%
6 Month-2.1%
12 Month16.01%
2 Year-6.5%
3 Year1.14%
5 Year148.22%
10 Year-27.56%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)44.25
LBB9.45
UBB10.29
WHITECAP RESOURCES INC / WCP Daily stock chart

WHITECAP RESOURCES INC

TSX:WCP (2/5/2025, 7:00:00 PM)

9.78

-0.02 (-0.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.2%
1 Week-0.1%
2 Weeks-3.36%
1 Month-6.5%
3 Month-5.96%
6 Month-2.1%
12 Month16.01%
2 Year-6.5%
3 Year1.14%
5 Year148.22%
10 Year-27.56%
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%2.57%
ATR Inc-19.19%
Range Today0.09
ADR(20)0.24
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.91
Mansfield-1.18
10 Day High10.2
10 Day Low8.86
20 Day High10.79
20 Day Low8.86
52 Week High11.31
52 Week Low8.4
CS1 End9.56
CR1 Start10.01
Volume & EV
DER(3)6.08%
DER(5)1.03%
Volume1.46M
Volume Incr1.87%
Vol(5)2.18M
Vol(50)2.15M