Stock Trend Analysis Report
Prepared for you on Saturday, May 8, 2021.
The Westaim Corp (CDNX:WED)
Countertrend Down (-85) - WED is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid WED?
MarketClub looks at technical strength and momentum to determine if the timing is right for WED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WED
The long-term trend has been DOWN since May 7th, 2021 at 2.59
The intermediate-term trend has been DOWN since Apr 26th, 2021 at 2.69
The short-term trend has been UP since Apr 30th, 2021 at 2.77
Smart Scan Analysis for WED
Based on our trend formula, WED is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3.35||Year High Date||2018-08-31|
|Year Low||2.38||Year Low Date||2018-11-29|
|52wk High||3.35||52wk High Date||2018-08-31|
|52wk Low||2.38||52wk Low Date||2018-11-29|