WESDOME GOLD MINES LTD (WDO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:WDO - CA95083R1001 - Common Stock
We assign a technical rating of 10 out of 10 to WDO. 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.
Although WDO has an excellent technical rating, the quality of the presented setup is not ideal 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
15.35
5 important support areas can be observed.
- A support zone ranging from 19.73 to 19.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.11 to 18.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.18 from a trend line in the daily time frame.
- Support @16.42 from a horizontal line in the daily time frame.
- Support @15.50 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 | 83.94 | POSITIVE | WDO.CA has a high relative strength, it outperformed 83.94% 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) | 56.62 | NEUTRAL | The RSI value for WDO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests WDO.CA has a positive trend. |
| Stochastics (14,3) | 71.54 | NEUTRAL | The Stochastics value for WDO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for WDO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.62 | NEGATIVE | The low ADX value for WDO.CA suggests a weak or negative trend. |
TSX:WDO (11/26/2025, 7:00:00 PM)
21.95
+0.51 (+2.38%)
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 56.6248. 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.