WESTERN EXPLORATION INC (WEX.CA) Stock Technical Analysis
TSX-V:WEX • CA22938T1075
Taking everything into account, WEX scores 4 out of 10 in our technical rating. WEX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- WEX is part of the Metals & Mining industry. There are 802 other stocks in this industry, of which 78% are performing better than WEX.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, WEX outperforms 47% of them, which is more or less in line with the market.
- WEX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WEX is lagging the market.
- In the last month WEX has a been trading in the 0.71 - 1.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
WEX has an average technical rating and it also does not offer a high quality setup 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
0.63
2 important support areas can be observed.
- A support zone ranging from 0.78 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.64 to 0.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.84 to 0.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.87 from a trend line in the daily time frame.
- Resistance @1.00 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 | NEUTRAL | NEUTRAL | The long term trend for WEX.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WEX.CA is neutral. |
| ChartMill Relative Strength | 47.55 | NEUTRAL | WEX.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WEX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WEX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WEX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.82 | NEUTRAL | The RSI value for WEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WEX.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.57 | NEUTRAL | The Stochastics value for WEX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.64 | HIGH VOLATILITY | The high ATR as a percentage value for WEX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.83 | NEUTRAL | The ADX value for WEX.CA suggests a possible start of a new trend. |
TSX-V:WEX (2/20/2026, 7:00:00 PM)
0.83
+0.03 (+3.75%)
WESTERN EXPLORATION INC / WEX.CA FAQ
What is the technical rating for WEX stock?
ChartMill assigns a technical rating of 4 / 10 to WEX.CA.
What is the trend direction for WEX stock?
The current trend direction for WESTERN EXPLORATION INC (WEX.CA) is Bearish.
What is the RSI signal for WESTERN EXPLORATION INC (WEX.CA) stock?
WESTERN EXPLORATION INC (WEX.CA) has an RSI value of 47.8238. This indicates that the stock is currently neutral.
What is the MACD signal for WESTERN EXPLORATION INC (WEX.CA) stock?
The MACD indicator for WESTERN EXPLORATION INC (WEX.CA) has a value of -0.0200214, indicating a bearish trend.
What is the support and resistance level for WEX stock?
WESTERN EXPLORATION INC (WEX.CA) has a support level at 0.82 and a resistance level at 0.84. Check the full technical report for our detailed analysis of WEX.CA support and resistance levels.