WESDOME GOLD MINES LTD (WDO.CA) Stock Technical Analysis
TSX:WDO - CA95083R1001 - Common Stock
19.26 CAD
-0.32 (-1.63%)
We assign a technical rating of 8 out of 10 to WDO. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WDO is only an average performer.
The long and short term trends are both positive. This is looking good!
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 15.94 - 19.88 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, WDO turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
WDO is part of the Metals & Mining industry. There are 795 other stocks in this industry, WDO did better than 42% of them.
Although WDO 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
14.45
20.29
When analyzing the support we can see 5 important areas.
- A support zone ranging from 17.69 to 18.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.75 from a trend line in the weekly time frame.
- A support zone ranging from 16.28 to 16.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @15.65 from a horizontal line in the daily time frame.
- Support @14.60 from a trend 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 | 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 | 64.92 | NEUTRAL | WDO.CA is not amongst the best or worst performers 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) | 63.17 | NEUTRAL | The RSI value for WDO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests WDO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.07 | OVERBOUGHT | The high Stochastics value suggests WDO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for WDO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.5 | NEUTRAL | The ADX value for WDO.CA suggests a possible start of a new 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 (9/8/2025, 7:00:00 PM)
19.26
-0.32 (-1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.63%
1 Week5.65%
2 Weeks13.03%
1 Month7.12%
3 Month-4.13%
6 Month23.38%
12 Month36.02%
2 Year171.65%
3 Year106.21%
5 Year53.22%
10 Year1885.57%
15 Year615.98%
Volatility
ATR(14)0.64
ATR(20)%3.44%
ATR Inc3.46%
Range Today0.65
ADR(20)0.65
ADR(20)%3.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.92
Mansfield1.34
10 Day High19.88
10 Day Low16.87
20 Day High19.88
20 Day Low15.94
52 Week High20.24
52 Week Low10.89
CS1 End18
CR1 Start20.09
Volume & EV
DER(3)4.74%
DER(5)6.86%
Volume506.14K
Volume Incr-14.75%
Vol(5)690.09K
Vol(50)769.27K