Technical Analysis for WED - The Westaim Corporation

Grade Last Price % Change Price Change
A 3.920 0.26% 0.010
WED closed up 0.26 percent on Thursday, May 9, 2024, on 73 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 14
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New Uptrend Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 18 hours ago
Rose Above Previous Day's High about 22 hours ago
New 52 Week High about 22 hours ago
Fell Below Upper Bollinger Band about 22 hours ago
Up 1% 2 days ago

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Profile

The Westaim Corporation Description

The Westaim Corporation (Westaim) is a Canada-based investment company. The Company is engaged in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. The Company's principal investments consist of Houston International Insurance Group, Ltd. (HIIG), through Westaim HIIG Limited Partnership, and the Arena group of companies. HIIG is a diversified specialty insurance company providing coverage primarily in the United States but also globally for certain risks. Its Arena Group includes Arena Investors, Arena Finance and Arena Origination.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Financial Shareholders Financial Services Insurance Investor Partnership Acquisitions Limited Partnership Ball Investment Company Insurance Industry

Is WED a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.94
52 Week Low 2.98
Average Volume 118,188
200-Day Moving Average 3.655
50-Day Moving Average 3.668
20-Day Moving Average 3.744
10-Day Moving Average 3.800
Average True Range 0.060
RSI (14) 75.31
ADX 26.25
+DI 32.197
-DI 9.652
Chandelier Exit (Long, 3 ATRs) 3.761
Chandelier Exit (Short, 3 ATRs) 3.679
Upper Bollinger Bands 3.919
Lower Bollinger Band 3.568
Percent B (%b) 1.0
BandWidth 9.366
MACD Line 0.063
MACD Signal Line 0.042
MACD Histogram 0.0202
Fundamentals Value
Market Cap 561.29 Million
Num Shares 143 Million
EPS 0.19
Price-to-Earnings (P/E) Ratio 20.96
Price-to-Sales 9.88
Price-to-Book 0.77
PEG Ratio 0.00
Dividend 0.18
Dividend Yield 4.59%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.965
Resistance 3 (R3) 3.967 3.953 3.958
Resistance 2 (R2) 3.953 3.942 3.953 3.955
Resistance 1 (R1) 3.937 3.935 3.930 3.935 3.952
Pivot Point 3.923 3.923 3.920 3.923 3.923
Support 1 (S1) 3.907 3.912 3.900 3.905 3.888
Support 2 (S2) 3.893 3.905 3.893 3.885
Support 3 (S3) 3.877 3.893 3.883
Support 4 (S4) 3.875