WESDOME GOLD MINES LTD (WDO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:WDO - CA95083R1001 - Common Stock
We assign a technical rating of 10 out of 10 to WDO. Both in the recent history as in the last year, WDO has proven to be a steady performer, scoring decent points in every aspect analyzed.
WDO has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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16.26
When analyzing the support we can see 6 important areas.
- A support zone ranging from 22.27 to 22.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 20.48 to 20.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.73 to 19.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.46 from a trend line in the weekly time frame.
- Support @18.11 from a horizontal line in the daily time frame.
- Support @16.42 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @22.73 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for WDO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WDO.CA is up. |
| ChartMill Relative Strength | 80.21 | POSITIVE | WDO.CA has a high relative strength, it outperformed 80.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WDO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WDO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WDO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.73 | NEUTRAL | The RSI value for WDO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests WDO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.56 | OVERBOUGHT | The high Stochastics value suggests WDO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for WDO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.75 | NEGATIVE | The low ADX value for WDO.CA suggests a weak or negative trend. |
TSX:WDO (12/12/2025, 7:00:00 PM)
22.56
-0.49 (-2.13%)
WESDOME GOLD MINES LTD / WDO.CA FAQ
What is the ChartMill technical rating of WESDOME GOLD MINES LTD (WDO.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to WDO.CA.
What is the current trend direction of WESDOME GOLD MINES LTD (WDO.CA) stock?
The current trend direction for WESDOME GOLD MINES LTD (WDO.CA) is Bullish.
What is the RSI signal for WDO stock?
WESDOME GOLD MINES LTD (WDO.CA) has an RSI value of 56.7262. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WESDOME GOLD MINES LTD?
The short term momentum for WESDOME GOLD MINES LTD (WDO.CA) is positive.
What is the buy/sell signal for WESDOME GOLD MINES LTD (WDO.CA) stock?
The buy/sell signal for WESDOME GOLD MINES LTD (WDO.CA) is buy as both the short term and long term trends are positive.