WESTPORT FUEL SYSTEMS INC (WPRT.CA) Stock Technical Analysis
TSX:WPRT - Toronto Stock Exchange - CA9609085076 - Common Stock - Currency: CAD
Taking everything into account, WPRT scores 6 out of 10 in our technical rating. In the last year, WPRT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
77% of all other stocks performed better in the past year than WPRT.
WPRT is part of the Machinery industry. There are 21 other stocks in this industry, of which 60% are performing better than WPRT.
Warning: WPRT has an average volume of 9083 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month WPRT has a been trading in the 5.96 - 6.75 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
WPRT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WPRT is lagging the market.
Considerably lower volume is observed in the last couple of days.
WPRT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 6.36, 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
5.94
6.77
We found 2 important support areas.
- A support zone ranging from 6.31 to 6.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.00 to 6.00. 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 6.43 to 6.48. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 6.64 to 6.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.7
Mansfield-1.7
10 Day High6.75
10 Day Low6.01
20 Day High6.75
20 Day Low5.96
52 Week High9.99
52 Week Low4.74
Performance
1 Week1.27%
2 Weeks2.73%
1 Month1.11%
3 Month3.06%
6 Month-22.26%
12 Month-17.76%
2 Year-59.56%
3 Year-68.83%
5 Year-74.74%
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
RSI(14)54.98
LBB5.93
UBB6.64
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 |
|---|---|---|---|
| 6.49 | 6.30 | 0.19 (2.93%) | 25.00% |
| An entry @6.49. This is a Buy Stop order right above the resistance zone. | An exit @6.30. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.19 points, which is 2.93%. | For a 0.73% 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 WPRT. 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:WPRT (2/21/2025, 7:00:00 PM)
6.39
+0.13 (+2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.08%
1 Week1.27%
2 Weeks2.73%
1 Month1.11%
3 Month3.06%
6 Month-22.26%
12 Month-17.76%
2 Year-59.56%
3 Year-68.83%
5 Year-74.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%3.62%
ATR Inc13.04%
Range Today0.11
ADR(20)0.21
ADR(20)%3.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.7
Mansfield-1.7
10 Day High6.75
10 Day Low6.01
20 Day High6.75
20 Day Low5.96
52 Week High9.99
52 Week Low4.74
CS1 End6.36
CR1 Start6.43
Volume & EV
DER(3)-9.92%
DER(5)-6.44%
Volume1.43K
Volume Incr-31.82%
Vol(5)5.56K
Vol(50)9.08K