WESDOME GOLD MINES LTD (WDO.CA) Stock Technical Analysis
TSX:WDO - Toronto Stock Exchange - CA95083R1001 - Common Stock - Currency: CAD
Taking everything into account, WDO scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WDO is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that WDO is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by WDO over the past year are nicely spread over this period.
WDO is part of the Metals & Mining industry. There are 822 other stocks in this industry. WDO outperforms 73% of them.
A new 52 week high is currently being made by WDO, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so WDO is leading the market.
In the last month WDO has a been trading in the 13.76 - 15.33 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, WDO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for WDO in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
10.74
15.35
6 important support areas can be observed.
- Support @14.32 from a trend line in the daily time frame.
- A support zone ranging from 13.88 to 13.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.39 from a trend line in the weekly time frame.
- Support @11.67 from a trend line in the weekly time frame.
- Support @11.39 from a trend line in the daily time frame.
- Support @10.85 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.37
Mansfield1.93
10 Day High15.33
10 Day Low13.88
20 Day High15.33
20 Day Low13.76
52 Week High15.33
52 Week Low8.98
Performance
1 Week4.61%
2 Weeks9.43%
1 Month4.4%
3 Month14.63%
6 Month26.67%
12 Month51.09%
2 Year96.38%
3 Year-3.12%
5 Year105.68%
10 Year1221.74%
15 Year634.3%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)62.07
LBB13.77
UBB15.22
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.34 | 14.31 | 1.03 (6.71%) | 14.89% |
| An entry @15.34. This is a Buy Stop order right above the 10 day high. | An exit @14.31. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.03 points, which is 6.71%. | When investing 14.89% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:WDO (3/7/2025, 7:00:00 PM)
15.2
+0.26 (+1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.74%
1 Week4.61%
2 Weeks9.43%
1 Month4.4%
3 Month14.63%
6 Month26.67%
12 Month51.09%
2 Year96.38%
3 Year-3.12%
5 Year105.68%
10 Year1221.74%
15 Year634.3%
Volatility
ATR(14)0.53
ATR(20)%3.35%
ATR Inc-18.87%
Range Today0.48
ADR(20)0.49
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.37
Mansfield1.93
10 Day High15.33
10 Day Low13.88
20 Day High15.33
20 Day Low13.76
52 Week High15.33
52 Week Low8.98
CS1 End14.32
CR1 StartN/A
Volume & EV
DER(3)4.47%
DER(5)1.16%
Volume329.60K
Volume Incr-35.6%
Vol(5)309.03K
Vol(50)380.96K