Logo image of WPM.CA

WHEATON PRECIOUS METALS CORP (WPM.CA) Stock Technical Analysis

TSX:WPM - Toronto Stock Exchange - CA9628791027 - Common Stock

83.53  +0.78 (+0.94%)

Technical Rating and Analysis

4

Taking everything into account, WPM scores 4 out of 10 in our technical rating. Although WPM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

WPM is part of the Metals & Mining industry. There are 825 other stocks in this industry. WPM outperforms 70% of them.
WPM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WPM is lagging the market slightly.
In the last month WPM has a been trading in the 79.88 - 85.67 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that WPM is one of the better performing stocks in the market, outperforming 70% of all stocks. On top of that, WPM also shows a nice and consistent pattern of rising prices. However, WPM's most recent performance is quite weak.
Weekly and Daily overview Charts
WPM Weekly chart
WPM Daily chart
Setup Rating and Analysis

8

WPM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 82.41, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for WPM in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

54.53

95.66

3 important support areas can be observed.

  • A support zone ranging from 80.25 to 82.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @78.64 from a horizontal line in the daily time frame.
  • Support @55.08 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 88.08 to 89.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @94.71 from a horizontal line in the daily time frame.
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
CRS70.01
Mansfield0
10 Day High84.69
10 Day Low80.04
20 Day High85.67
20 Day Low79.88
52 Week High94.84
52 Week Low52.15
Performance
1 Week1.25%
2 Weeks0.43%
1 Month-2.36%
3 Month-9.02%
6 Month1.31%
12 Month34.6%
2 Year37.29%
3 Year62.99%
5 Year114.4%
10 Year186.16%
15 Year466.31%
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)0.28
RSI(14)50.06
LBB79.8
UBB84.81
WPM Daily chart

WHEATON PRECIOUS METALS CORP

TSX:WPM (1/17/2025, 7:00:00 PM)

83.53

+0.78 (+0.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.94%
1 Week1.25%
2 Weeks0.43%
1 Month-2.36%
3 Month-9.02%
6 Month1.31%
12 Month34.6%
2 Year37.29%
3 Year62.99%
5 Year114.4%
10 Year186.16%
15 Year466.31%
Volatility
ATR(14)2.12
ATR(20)%2.42%
ATR Inc2.71%
Range Today2.11
ADR(20)1.82
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.01
Mansfield0
10 Day High84.69
10 Day Low80.04
20 Day High85.67
20 Day Low79.88
52 Week High94.84
52 Week Low52.15
CS1 End82.41
CR1 Start88.08
Volume & EV
DER(3)3.64%
DER(5)-1.42%
Volume581.49K
Volume Incr-24.71%
Vol(5)519.39K
Vol(50)732.31K