WESTERN EXPLORATION INC (WEX.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:WEX - CA22938T1075 - Common Stock
Overall WEX gets a technical rating of 0 out of 10. WEX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
WEX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.68. Right above this resistance zone may be a good entry point.
More info and screens
0.65
We can see 3 important resistance areas.
- A resistance zone ranging from 0.68 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.71 to 0.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.86 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 | DOWN | NEGATIVE | The long term trend for WEX.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WEX.CA is down. |
| ChartMill Relative Strength | 6.97 | NEGATIVE | WEX.CA has a low relative strength, it was outperformed by 93.03% off all stocks 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) | DOWN | NEGATIVE | The current price of WEX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WEX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.33 | NEUTRAL | The RSI value for WEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WEX.CA has a positive trend. |
| Stochastics (14,3) | 40.89 | NEUTRAL | The Stochastics value for WEX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.53 | HIGH VOLATILITY | The high ATR as a percentage value for WEX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.85 | NEGATIVE | The low ADX value for WEX.CA suggests a weak or negative trend. |
TSX-V:WEX (12/24/2025, 7:00:00 PM)
0.66
-0.01 (-1.49%)
WESTERN EXPLORATION INC / WEX.CA FAQ
What is the technical rating for WEX stock?
ChartMill assigns a technical rating of 0 / 10 to WEX.CA.
What is the current trend direction of WESTERN EXPLORATION INC (WEX.CA) 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 45.3309. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for WESTERN EXPLORATION INC?
The buy/sell signal for WESTERN EXPLORATION INC (WEX.CA) is sell as both the short term and long term trends are negative.
What is the support and resistance level for WEX stock?
WESTERN EXPLORATION INC (WEX.CA) has a resistance level at 0.68. Check the full technical report for our detailed analysis of WEX.CA support and resistance levels.