WHITEMUD RESOURCES INC (WMK.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:WMK • CA9654241046
Overall WMK gets a technical rating of 8 out of 10. Although WMK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: WMK has an average volume of 12776 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When compared to the yearly performance of all other stocks, WMK outperforms 46% of them, which is more or less in line with the market.
- WMK is part of the Oil, Gas & Consumable Fuels industry. There are 216 other stocks in this industry, WMK did better than 48% of them.
- WMK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WMK is lagging the market.
- In the last month WMK has a been trading in the 0.12 - 0.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WMK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.12, a Stop Loss order could be placed below this zone.
More info and screens
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3 important support areas can be observed.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.10 from a horizontal line in the daily time frame.
- Support @0.09 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.16 from a trend 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 WMK.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WMK.CA is up. |
| ChartMill Relative Strength | 46.33 | NEUTRAL | WMK.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WMK.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WMK.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WMK.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.22 | NEUTRAL | The RSI value for WMK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WMK.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.83 | NEUTRAL | The Stochastics value for WMK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 12.14 | HIGH VOLATILITY | The high ATR as a percentage value for WMK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.09 | NEUTRAL | The ADX value for WMK.CA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 0.16 | 0.12 | 0.04 (25.00%) | 4.00% |
| An entry @0.16. This is a Buy Stop order right above the resistance zone. | An exit @0.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 25.00%. | For a 1.00% total portfolio risk, you can invest 4.00% of your capital in this trade. |
- 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-V:WMK (2/3/2026, 7:00:00 PM)
0.14
0 (0%)
WHITEMUD RESOURCES INC / WMK.CA FAQ
What is the technical rating for WMK stock?
ChartMill assigns a technical rating of 8 / 10 to WMK.CA.
What is the trend direction for WMK stock?
The current trend direction for WHITEMUD RESOURCES INC (WMK.CA) is Bullish.
Can you provide the RSI signal for WHITEMUD RESOURCES INC?
WHITEMUD RESOURCES INC (WMK.CA) has an RSI value of 52.2214. This indicates that the stock is currently neutral.
What is the buy/sell signal for WHITEMUD RESOURCES INC (WMK.CA) stock?
The buy/sell signal for WHITEMUD RESOURCES INC (WMK.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for WHITEMUD RESOURCES INC?
WHITEMUD RESOURCES INC (WMK.CA) has a support level at 0.12 and a resistance level at 0.15. Check the full technical report for our detailed analysis of WMK.CA support and resistance levels.