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Momentum Model Portfolio Rebalancing: EXIT (TSX: DTOL) and ENTRY (TSX: WELL)

Apr 22, 2026 | Team Kalkine
Momentum Model Portfolio Rebalancing:  EXIT (TSX: DTOL) and ENTRY (TSX: WELL)
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  • DTOL:TSX
  • Investment Type
    Small-Cap
  • Risk Level
  • Action
  • Rec. Price (CA$)
  • WELL:TSX
  • Investment Type
    Small-Cap
  • Risk Level
  • Action
  • Rec. Price (CA$)

Exit Case: D2L Inc. (TSX: DTOL)

 Overview: D2L Inc. (TSX: DTOL) is a Canada-based education technology company focused on transforming how people learn through digital platforms and innovative learning solutions. DTOL has been a part of the 'Momentum Model Portfolio' since April 13, 2026. Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended on the stock at the closing price of CAD 10.04 as on April 21, 2026.

DTOL’s Daily Chart

New Entry Case: WELL Health Technologies Corp. (TSX: WELL)

Overview: WELL Health Technologies Corp. (TSX: WELL) is one of Canada’s largest outpatient healthcare providers and a leading player in technology-enabled healthcare. The company focuses on integrating digital tools, including AI-driven solutions, to enhance patient care, improve clinical efficiency, and streamline operations.

Technical Analysis: On the daily chart, WELL is holding above a key falling trendline support, signalling improving price stability and the potential for a near-term rebound. The 14-period RSI, around 66.03, points to strengthening momentum while still leaving room for further upside. Additionally, the price remains above the 21-period SMA, which is acting as dynamic support and reinforcing a positive short-term bias, with dips likely to attract buying interest.

WELL is recommended as a new entry in the 'Momentum Model Portfolio' as on April 21, 2026. Considering the technical analysis, support and resistance levels, an 'Entry' is recommended in the 'Momentum Model Portfolio' at the closing price of CAD 4.370 as on April 21, 2026.

WELL’s Daily Chart

Support and Resistance Summary (As on April 21, 2026)

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of April 21, 2026. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Key Risks: Technical indicators are backward-looking and may generate false or lagged signals, particularly during volatile or changing market conditions. Price trends may also be disrupted by fundamental, macroeconomic, or company-specific developments not captured in charts.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.


Disclaimer-

The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.

Past performance is not a reliable indicator of future performance.

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