WESDOME GOLD MINES LTD (WDO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:WDO - CA95083R1001 - Common Stock
Overall WDO gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WDO is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, WDO did better than 79% of all other stocks. On top of that, WDO also shows a nice and consistent pattern of rising prices.
- WDO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month WDO has a been trading in the 21.30 - 26.32 range, which is quite wide. It is currently trading near the high of this range.
- WDO is part of the Metals & Mining industry. There are 817 other stocks in this industry, WDO did better than 45% of them.
WDO has an excellent technical rating, but the quality of the setup is only medium 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
16.26
We found 5 important support areas.
- A support zone ranging from 21.46 to 21.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.90 from a trend line in the daily time frame.
- Support @19.12 from a trend line in the weekly time frame.
- Support @18.11 from a horizontal line in the daily time frame.
- Support @16.42 from a horizontal line in the daily 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 WDO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WDO.CA is up. |
| ChartMill Relative Strength | 79.79 | POSITIVE | WDO.CA has a high relative strength, it outperformed 79.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WDO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WDO.CA is above the rising 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) | 66.5 | NEUTRAL | The RSI value for WDO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests WDO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.71 | OVERBOUGHT | The high Stochastics value suggests WDO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for WDO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.94 | NEUTRAL | The ADX value for WDO.CA suggests a possible start of a new trend. |
TSX:WDO (1/16/2026, 7:00:00 PM)
25.83
+0.2 (+0.78%)
WESDOME GOLD MINES LTD / WDO.CA FAQ
What is the ChartMill technical rating of WESDOME GOLD MINES LTD (WDO.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to WDO.CA.
Can you provide the trend direction for WESDOME GOLD MINES LTD?
The current trend direction for WESDOME GOLD MINES LTD (WDO.CA) is Bullish.
What is the RSI signal for WDO stock?
WESDOME GOLD MINES LTD (WDO.CA) has an RSI value of 66.4994. This indicates that the stock is currently neutral.
What is the short term momentum for WESDOME GOLD MINES LTD (WDO.CA) stock?
The short term momentum for WESDOME GOLD MINES LTD (WDO.CA) is positive.
What is the support and resistance level for WDO stock?
WESDOME GOLD MINES LTD (WDO.CA) has a support level at 21.82. Check the full technical report for our detailed analysis of WDO.CA support and resistance levels.