WESDOME GOLD MINES LTD (WDO.CA) Stock Technical Analysis
Canada - TSX:WDO - CA95083R1001 - Common Stock
23.28 CAD
+1.42 (+6.5%)
Overall WDO gets a technical rating of 10 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that WDO is one of the better performing stocks in the market, outperforming 81% of all stocks. On top of that, WDO also shows a nice and consistent pattern of rising prices.
WDO is currently making a new 52 week high. This is a strong signal. 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 18.08 - 23.72 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 810 other stocks in this industry, WDO did better than 52% 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
14.86
23.51
We found 8 important support areas.
- A support zone ranging from 21.68 to 21.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.03 to 20.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.11 from a horizontal line in the daily time frame.
- Support @17.41 from a trend line in the weekly time frame.
- Support @16.79 from a trend line in the daily time frame.
- Support @16.42 from a horizontal line in the daily time frame.
- Support @15.65 from a horizontal line in the daily time frame.
- Support @15.01 from a trend line in the weekly 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 | 81.75 | POSITIVE | WDO.CA has a high relative strength, it outperformed 81.75% 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) | 65.4 | NEUTRAL | The RSI value for WDO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests WDO.CA has a positive trend. |
| Stochastics (14,3) | 66.69 | NEUTRAL | The Stochastics value for WDO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for WDO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.58 | POSITIVE | The high ADX value value for WDO.CA suggests a strong 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)
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 |
|---|---|---|---|
| 23.73 | 21.67 | 2.06 (8.68%) | 11.52% |
| An entry @23.73. This is a Buy Stop order right above the 10 day high. | An exit @21.67. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.06 points, which is 8.68%. | For a 1.00% total portfolio risk, you can invest 11.52% of your capital in this trade. |
- 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 (10/14/2025, 7:00:00 PM)
23.28
+1.42 (+6.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg6.5%
1 Week2.65%
2 Weeks9.04%
1 Month19.32%
3 Month36.94%
6 Month30.13%
12 Month72.32%
2 Year213.75%
3 Year184.95%
5 Year76.5%
10 Year2182.35%
15 Year746.55%
Volatility
ATR(14)1.03
ATR(20)%4.19%
ATR Inc15.58%
Range Today1.26
ADR(20)0.86
ADR(20)%3.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.75
Mansfield2.95
10 Day High23.72
10 Day Low20.98
20 Day High23.72
20 Day Low18.08
52 Week High23.72
52 Week Low10.89
CS1 End21.86
CR1 StartN/A
Volume & EV
DER(3)-3%
DER(5)-3.7%
Volume1.09M
Volume Incr-21.21%
Vol(5)811.66K
Vol(50)886.03K