WESTERN EXPLORATION INC (WEX.CA) Technical Analysis
TSX-V:WEX • CA22938T1075
Current stock price
WEX.CA Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to WEX. WEX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 91% of all other stocks performed better in the past year than WEX.
- WEX is part of the Metals & Mining industry. There are 801 other stocks in this industry, of which 84% are performing better than WEX.
- WEX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month WEX has a been trading in the 0.60 - 0.76 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Considerably lower volume is observed in the last couple of days.
WEX.CA Weekly and Daily overview Charts
WEX.CA Setup Rating and Analysis
Although the technical rating is bad, WEX does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.74. Right above this resistance zone may be a good entry point.
More info and screens
WEX.CA Support and Resistance Analysis
0.61
We found 3 important support areas.
- A support zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 0.62 to 0.62. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.74 to 0.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.95 from a trend line in the weekly time frame.
WEX.CA Technical Indicator Signal Analysis
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 | 9.86 | NEGATIVE | WEX.CA has a low relative strength, it was outperformed by 90.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WEX.CA is above the rising 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) | UP | MIXED | The current price of WEX.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.97 | NEUTRAL | The RSI value for WEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WEX.CA has a positive trend. |
| Stochastics (14,3) | 64.82 | NEUTRAL | The Stochastics value for WEX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.58 | HIGH VOLATILITY | The high ATR as a percentage value for WEX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.24 | NEGATIVE | The low ADX value for WEX.CA suggests a weak or negative trend. |
WEX.CA Chart- and CandleStick Pattern Analysis
WEX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:WEX (4/20/2026, 7:00:00 PM)
0.73
+0.02 (+2.82%)
WESTERN EXPLORATION INC / WEX.CA TA FAQ
What is the technical rating for WEX stock?
ChartMill assigns a technical rating of 2 / 10 to WEX.CA.
Can you provide the trend direction for WESTERN EXPLORATION INC?
The current trend direction for WESTERN EXPLORATION INC (WEX.CA) is Bearish.
Can you provide the RSI signal for WESTERN EXPLORATION INC?
WESTERN EXPLORATION INC (WEX.CA) has an RSI value of 52.9748. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WESTERN EXPLORATION INC?
The short term momentum for WESTERN EXPLORATION INC (WEX.CA) is neutral.