Dec. 15 at 1:10 PM
$WELL on
$TSX.TSX -
$CAD.X (
$WHTCF on OTC-
$USD) --- Well Health Tech --- Technical + Fundamental + Risk Summary
1/ Technical
Trading @
$4.0, below 50 / 100 / 200 DMA means trend is still bearish.
RSI @ 45: no longer oversold, but momentum remains weak.
Minor base forming
$3.70–3.90; key resistance
$4.30–4.60.
2/ Fundamental
$1.0B market cap with P/S 0.9x shows valuation is compressed.
Revenue growth remains solid, but EPS is still inconsistent.
High debt load (
$600M+) limits flexibility despite improving FCF.
3/ Risk
Leverage + rising rates = balance sheet sensitivity.
Execution risk integrating clinics & digital assets.
If
$3.70 breaks, next support closer to
$3.30–3.40.
4/ Bottom line:
📉 Technically weak but stabilizing
📊 Fundamentally cheap, still execution dependent
⚠️ Not broken, but needs reclaim of
$4.50 to shift bias
