WELL HEALTH TECHNOLOGIES COR (WELL.CA) Stock Technical Analysis
TSX:WELL - Toronto Stock Exchange - CA94947L1022 - Common Stock - Currency: CAD
Overall WELL gets a technical rating of 6 out of 10. In the last year, WELL was one of the better performers, but we do observe some doubts in the very recent evolution.
WELL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Looking at the yearly performance, WELL did better than 88% of all other stocks. On top of that, WELL also shows a nice and consistent pattern of rising prices.
WELL is part of the Health Care Providers & Services industry. There are 17 other stocks in this industry. WELL outperforms 87% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
WELL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WELL is lagging the market.
Although the technical rating is only medium, WELL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.92, a Stop Loss order could be placed below this zone.
More info and screens
4.72
6.86
2 important support areas can be observed.
- A support zone ranging from 5.92 to 5.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.77 to 4.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.13 to 6.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.74 to 6.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.44
Mansfield1.84
10 Day High6.35
10 Day Low5.96
20 Day High6.8
20 Day Low5.46
52 Week High7.36
52 Week Low3.41
Performance
1 Week0.66%
2 Weeks-0.65%
1 Month-9.73%
3 Month18.38%
6 Month29.39%
12 Month61.9%
2 Year36%
3 Year35.1%
5 Year266.47%
10 YearN/A
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)0.01
RSI(14)44.31
LBB5.96
UBB6.29
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 |
|---|---|---|---|
| 6.22 | 5.95 | 0.27 (4.34%) | 23.04% |
| An entry @6.22. This is a Buy Stop order right above the resistance zone. | An exit @5.95. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.27 points, which is 4.34%. | For a 1.00% total portfolio risk, you can invest 23.04% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of WELL. 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:WELL (2/21/2025, 7:00:00 PM)
6.12
+0.03 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.49%
1 Week0.66%
2 Weeks-0.65%
1 Month-9.73%
3 Month18.38%
6 Month29.39%
12 Month61.9%
2 Year36%
3 Year35.1%
5 Year266.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%3.71%
ATR Inc-28.55%
Range Today0.11
ADR(20)0.22
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.44
Mansfield1.84
10 Day High6.35
10 Day Low5.96
20 Day High6.8
20 Day Low5.46
52 Week High7.36
52 Week Low3.41
CS1 End5.92
CR1 Start6.13
Volume & EV
DER(3)-2.86%
DER(5)-2.68%
Volume1.00M
Volume Incr-10.12%
Vol(5)655.03K
Vol(50)938.28K