WHITEMUD RESOURCES INC (WMK.CA) Stock Technical Analysis
TSX-V:WMK • CA9654241046
Taking everything into account, WMK scores 8 out of 10 in our technical rating. 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.
- Warning: WMK has an average volume of 17442 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by WMK, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month WMK has a been trading in the 0.13 - 0.17 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the performance of all stocks over the past year, WMK turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
- WMK is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, WMK did better than 60% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although WMK has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
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When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.12 from a trend line in the weekly time frame.
- Support @0.10 from a horizontal line in the daily time frame.
- Support @0.09 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 59.25 | NEUTRAL | WMK.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WMK.CA is above 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) | 54.85 | NEUTRAL | The RSI value for WMK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WMK.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.9 | NEUTRAL | The Stochastics value for WMK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.33 | HIGH VOLATILITY | The high ATR as a percentage value for WMK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.58 | NEUTRAL | The ADX value for WMK.CA suggests a possible start of a new trend. |
TSX-V:WMK (2/24/2026, 7:00:00 PM)
0.15
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 54.8506. 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 0.14 and a resistance level at 0.17. Check the full technical report for our detailed analysis of WMK.CA support and resistance levels.