WESDOME GOLD MINES LTD (WDO.CA) Stock Technical Analysis
TSX:WDO - Toronto Stock Exchange - CA95083R1001 - Common Stock - Currency: CAD
Overall WDO gets a technical rating of 4 out of 10. In the last year, WDO was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Looking at the yearly performance, WDO did better than 71% of all other stocks.
WDO 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 WDO is lagging the market slightly.
In the last month WDO has a been trading in the 16.34 - 18.46 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
WDO is part of the Metals & Mining industry. There are 794 other stocks in this industry, WDO did better than 50% 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.
WDO has an average technical rating and it also does not offer a high quality setup 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
10.74
20.29
We found 4 important support areas.
- A support zone ranging from 16.37 to 16.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.27 from a trend line in the weekly time frame.
- Support @12.51 from a trend line in the weekly time frame.
- Support @10.85 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.09 to 20.09. 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 | NEUTRAL | NEUTRAL | The long term trend for WDO.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WDO.CA is neutral. |
| ChartMill Relative Strength | 71.78 | POSITIVE | WDO.CA has a high relative strength, it outperformed 71.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WDO.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WDO.CA is below a declining 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) | 56.15 | NEUTRAL | The RSI value for WDO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests WDO.CA has a positive trend. |
| Stochastics (14,3) | 82.9 | OVERBOUGHT | The high Stochastics value suggests WDO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for WDO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.63 | NEGATIVE | The low ADX value for WDO.CA suggests a weak or negative trend. |
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)
TSX:WDO (8/11/2025, 7:00:00 PM)
18.08
+0.1 (+0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.56%
1 Week10.45%
2 Weeks6.35%
1 Month-0.6%
3 Month7.56%
6 Month26.7%
12 Month29.98%
2 Year113.96%
3 Year135.42%
5 Year25.38%
10 Year1803.16%
15 Year650.21%
Volatility
ATR(14)0.51
ATR(20)%2.88%
ATR Inc9.31%
Range Today0.57
ADR(20)0.49
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.78
Mansfield1.01
10 Day High18.46
10 Day Low16.35
20 Day High18.46
20 Day Low16.35
52 Week High20.24
52 Week Low10.89
CS1 End16.52
CR1 Start20.09
Volume & EV
DER(3)5.09%
DER(5)5.51%
Volume513.61K
Volume Incr4.27%
Vol(5)827.86K
Vol(50)745.61K