Technical Analysis for WEB - Westbridge Energy Corporation

Grade Last Price % Change Price Change
C 0.810 -1.22% -0.010
WEB closed down 1.22 percent on Friday, November 15, 2024, on 45 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -1.22%
NR7 Range Contraction -1.22%
Narrow Range Bar Range Contraction -1.22%
Inside Day Range Contraction -1.22%
Fell Below 20 DMA Bearish -1.22%
50 DMA Support Bullish -1.22%
Calm After Storm Range Contraction -1.22%

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Profile

Westbridge Energy Corporation Description

Westbridge Renewable Energy Corp. engages in the acquisition and development of solar photovoltaic (PV) projects in Canada, the United States, and Europe. The company holds interest in the Accalia project, a 221MWp solar PV plant covering an area of approximately 1,120 acres located in Cameron County, Texas; the Sunnynook project, a 332MWp solar PV plant with a 100MW battery energy storage system covering an area of approximately 940 acres located in Alberta, Canada; and the Dolcy project, a 250MWac solar photovoltaic plant with 100MW of battery energy storage system covering approximately 1,025 acres located in east-central Alberta, Canada. It also holds interests in the Eastervale project, a 300MWac and approximately 200MW of battery storage covering approximately 1,272 acres located in the municipality of Provost, in east-central Alberta, Canada; the Red Willow project, a 295MWac of solar generation and approximately 100MW of battery storage totaling an area of 1,435 acres located in Stettler, Alberta; and the Gierre Solare project with a projected capacity of 32MW, as well as the NM Solare project with a projected capacity of 30MW. The company was formerly known as Westbridge Energy Corporation and changed its name to Westbridge Renewable Energy Corp. in September 2022. Westbridge Renewable Energy Corp. is headquartered in Vancouver, Canada.


Classification

Sector: Utilities
Industry: Utilities - Renewable
Keywords: Renewable Energy Energy Conversion Bright Green Environmentalism Solar Power Sustainable Energy

Is WEB 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 0.91
52 Week Low 0.75
Average Volume 30,279
200-Day Moving Average 0.000
50-Day Moving Average 0.819
20-Day Moving Average 0.822
10-Day Moving Average 0.830
Average True Range 0.026
RSI (14) 45.65
ADX 18.23
+DI 33.196
-DI 30.729
Chandelier Exit (Long, 3 ATRs) 0.832
Chandelier Exit (Short, 3 ATRs) 0.868
Upper Bollinger Bands 0.859
Lower Bollinger Band 0.785
Percent B (%b) 0.34
BandWidth 9.008
MACD Line 0.002
MACD Signal Line 0.003
MACD Histogram -0.001
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.825
Resistance 3 (R3) 0.827 0.823 0.823
Resistance 2 (R2) 0.823 0.820 0.823 0.822
Resistance 1 (R1) 0.817 0.817 0.815 0.815 0.821
Pivot Point 0.813 0.813 0.813 0.813 0.813
Support 1 (S1) 0.807 0.810 0.805 0.805 0.799
Support 2 (S2) 0.803 0.807 0.803 0.798
Support 3 (S3) 0.797 0.803 0.798
Support 4 (S4) 0.795