Technical analysis from Westjet Airlines (WJA.TO.TO, TSE:WJA.TO) on the Toronto Stock Exchange (TSX). Download the latest price data & trading signals

Westjet Airlines
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WJA: Aroon oscillator has confirmed a downtrend @-48
Aroon Oscillator /
WJA: Aroon oscillator has confirmed a downtrend @-48

[BEARISH]: Westjet Airlines has a current ARO(25) of -48. This has change 0 points from yesterday.

Exponential Moving Average(5) signal is confirmed for Westjet Airlines indicating downward price movement is likely
Exponential Moving Average /
Exponential Moving Average(5) signal is confirmed for Westjet Airlines indicating downward price movement is likely

[BEARISH]: Westjet Airlines currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -1.1%.

Short Trend /
First timeframe trend of Westjet Airlines remains as an Downtrend

[BEARISH]: Westjet Airlines is in a downtrend in the short term timeframe. The current rally number is 2 & the highest rally count for the LTM is 4

Two Crows /
Westjet Airlines: Two Crows

[BEARISH]: Westjet Airlines has formed a new Two Crows reversal pattern.

Elder Ray Index /
Bull power has increased for Westjet Airlines signalling bullish conditions are likely

[BEARISH]: Westjet Airlines Elder Ray Index is signalling a Bearish movementERI is -0.396 indicating bear power. Prices are being driven below the consensus of value for WJA during the last trading session [Selling Pressure]

Volume Rate of Change /
14-day volume rate of change is now increasing for Westjet Airlines

[BULLISH CROSSOVER]: Westjet Airlines currently has positive volume of change of 201%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -1.1%.

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Detrended Price Oscillator /
Detrended Price for WJA has signalled bearish price movements are likely

[BEARISH]: Westjet Airlines currently has a confirmed downtrend. Price is currently below the displaced moving average for WJA. Currently, the return on DPO20 is -1.1%.

Percentage Volume /
Negative momentum on volume for WJA is maintained & supports a bearish move is likely

[BEARISH]: Westjet Airlines currently has negative PVO -7.52%. The recent volume is losing momentum through a fall on the short term exponential moving average.

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Westjet Airlines: DVI(-482)
Daily Volume Index /
Westjet Airlines: DVI(-482)

[BEARISH]: Westjet Airlines current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -482.

Ulcer index has increased as the price has fallen for Westjet Airlines
Ulcer Index /
Ulcer index has increased as the price has fallen for Westjet Airlines

[BULLISH]: Westjet Airlines UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 5.467.

Momentum /
Positive momentum for WJA is a leading indicator for continued price rise

[BULLISH]: Westjet Airlines currently has positive momentum of 0.25. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -1.1%. The largest upward momentum rally for the last 3 months is 5 days producing a return of 2.6%.

Triangular Moving Average /
The TMA trend following signal is still current for Westjet Airlines [Bullish]

[BULLISH]: Westjet Airlines currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -1.1%.

Range Tod Vs Range Yest /
Westjet Airlines: Range Performance (72.7)

WJA: Range today versus range yesterday Recent Trading -> (1) 22 Jun: 72.7% (2) 21 Jun: 22.2% (3) 20 Jun: -37.2%

Price was easily moved downward in recent trading on low volume causing an downtrend in price for WJA
Ease of Movement /
Price was easily moved downward in recent trading on low volume causing an downtrend in price for WJA

WJA: EOM Current Signal -> (1) 22 Jun: BEARISH EASY (2) 21 Jun: BEARISH EASY (3) 20 Jun: BULLISH EASY

The SMA trend following signal is now active for Westjet Airlines [Bearish]
Simple Moving Average /
The SMA trend following signal is now active for Westjet Airlines [Bearish]

[BEARISH]: Westjet Airlines currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -1.1%.

Moving Average Envelope /
WJA: Price continues to move below the Lower Envelope Band @$18.886

[BULLISH]: Westjet Airlines current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 18.886.

Fibonacci Extensions /
Westjet Airlines has broken above the 161.8% extension level ($0) [Bearish]

Westjet Airlines has moved above the 161.8% level ($0) [Bearish]. Look for a short limit order entry near this point. Exit price for WJA should be set @$0 & short position stoploss for Westjet Airlines should be set at $0

MACD /
Westjet Airlines: MACD @0.1132 [Bullish]

[BULLISH]: Westjet Airlines currently has positive MACD of 0.1132. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -0.3%.

Recent trading indicates ATR upward trend direction likely for WJA [Uptrend]
Average True Range /
Recent trading indicates ATR upward trend direction likely for WJA [Uptrend]

[Bullish]: Average True Range has confirmed an uptrend is present. Westjet Airlines has a TR of 0.57, and an ATR(14) of 0.421.

Long positions for Westjet Airlines should be set between $0 & $30.8
Fibonacci Retracements /
Long positions for Westjet Airlines should be set between $0 & $30.8

Westjet Airlines is still above the 61.8% retracement level ($0) [Bullish]. Look for a long limit order entry near this point. Exit price for WJA should be set @$30.8 & Stoploss for Westjet Airlines should be set between $30.12

Westjet Airlines has broken the first Woodie support point ($19.186) [Bearish]
Woodie Pivot Point /
Westjet Airlines has broken the first Woodie support point ($19.186) [Bearish]

Westjet Airlines current pivot point (Woodie) is: $19.468. The current resistance levels are: (R1) $19.756: (R2) $20.038The current support levels are: (S1) $19.186: (S2) $18.898

Price Range /
Recent trading for Westjet Airlines has surpassed the previous price range ($0.57)

[BULLISH]: Westjet Airlines current uptrend in the first timeframe. Currently, the Range is $0.57.

Low Price /
Weaker price performance from WJA has seen a lower low of -1.4 % [Downtrend]

[BULLISH]: Westjet Airlines current downtrend in the first timeframe. Currently, the Low is $19.18 (-1.4 %).

Chaikin Money Flow /
Negative divergence for Westjet Airlines @ -0.09

WJA: Chaikin Oscillator Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

Weighted Moving Average /
The WMA trend following signal is now active for Westjet Airlines [Bearish]

WJA: WMA Current Signal -> (1) 22 Jun: BEARISH CROSSOVER (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

Westjet Airlines: Accumulation Distribution Line (-231170)
Accumulation / Distribution /
Westjet Airlines: Accumulation Distribution Line (-231170)

[BEARISH]: Westjet Airlines current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -231170.

Westjet Airlines: Direction, extent & volume have decreased in recent trading [Selling Pressure]
Elders Force Index /
Westjet Airlines: Direction, extent & volume have decreased in recent trading [Selling Pressure]

[BEARISH]: Westjet Airlines current price has highlighted recent selling pressure. Currently, the Elders Force Index is -25126.

Pivot Points /
[Short]: Limit orders for Westjet Airlines should be set at $19.184

Westjet Airlines current pivot point is: 19.467. The current resistance levels are: (R1) $19.754: (R2) $20.037: (R3) $20.324: The current support levels are: (S1) $19.184: (S2) $18.897: (S3) $18.614

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