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WESTERN GOLD EXPLORATION LTD (WGLD.CA) Stock Technical Analysis

TSX-V:WGLD - TSX Venture Exchange - CA95827R1010 - Common Stock - Currency: CAD

0.1  +0.02 (+17.65%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to WGLD. WGLD has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month WGLD has a been trading in the 0.04 - 0.10 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, WGLD did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
WGLD is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
WESTERN GOLD EXPLORATION LTD / WGLD Weekly stock chart
WESTERN GOLD EXPLORATION LTD / WGLD Daily stock chart
Setup Rating and Analysis

1

WGLD has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.05
Mansfield-1.73
10 Day High0.1
10 Day Low0.04
20 Day High0.1
20 Day Low0.04
52 Week High0.19
52 Week Low0.04
Performance
1 Week81.82%
2 Weeks150%
1 Month5.26%
3 Month42.86%
6 Month33.33%
12 Month-20%
2 Year-16.67%
3 Year-37.5%
5 YearN/A
10 YearN/A
15 YearN/A
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)0.01
RSI(14)64.74
LBB0.02
UBB0.09
WESTERN GOLD EXPLORATION LTD / WGLD Daily stock chart

WESTERN GOLD EXPLORATION LTD

TSX-V:WGLD (3/6/2025, 7:00:00 PM)

0.1

+0.02 (+17.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg17.65%
1 Week81.82%
2 Weeks150%
1 Month5.26%
3 Month42.86%
6 Month33.33%
12 Month-20%
2 Year-16.67%
3 Year-37.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%9.75%
ATR Inc40%
Range Today0.02
ADR(20)0
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.05
Mansfield-1.73
10 Day High0.1
10 Day Low0.04
20 Day High0.1
20 Day Low0.04
52 Week High0.19
52 Week Low0.04
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume122.00K
Volume Incr-20.66%
Vol(5)34.17K
Vol(50)31.41K