WESDOME GOLD MINES LTD (WDO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:WDO - CA95083R1001 - Common Stock
Taking everything into account, WDO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, WDO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, WDO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.26
We found 6 important support areas.
- A support zone ranging from 21.36 to 21.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.73 to 20.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.91 from a horizontal line in the daily time frame.
- Support @18.59 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 | 83.16 | POSITIVE | WDO.CA has a high relative strength, it outperformed 83.16% 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) | 63.18 | NEUTRAL | The RSI value for WDO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests WDO.CA has a positive trend. |
| Stochastics (14,3) | 88.23 | OVERBOUGHT | The high Stochastics value suggests WDO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for WDO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.71 | NEUTRAL | The ADX value for WDO.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.61 | 20.83 | 2.78 (11.77%) | 8.49% |
| An entry @23.61. This is a Buy Stop order right above the 10 day high. | An exit @20.83. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.78 points, which is 11.77%. | When investing 8.49% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:WDO (12/19/2025, 7:00:00 PM)
23.59
+0.35 (+1.51%)
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.
What is the current trend direction of WESDOME GOLD MINES LTD (WDO.CA) stock?
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 63.1766. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WESDOME GOLD MINES LTD?
The short term momentum for WESDOME GOLD MINES LTD (WDO.CA) is positive.
What is the buy/sell signal for WESDOME GOLD MINES LTD (WDO.CA) stock?
The buy/sell signal for WESDOME GOLD MINES LTD (WDO.CA) is buy as both the short term and long term trends are positive.