WESTERN GOLD EXPLORATION LTD (WGLD.CA) Stock Technical Analysis
Canada - TSX-V:WGLD - CA95827R1010 - Common Stock
We assign a technical rating of 7 out of 10 to WGLD. In the last year, WGLD was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
WGLD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.07, a Stop Loss order could be placed below this zone.
More info and screens
0.07
We found 1 important support area.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.10 from a horizontal line in the daily 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 WGLD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WGLD.CA is up. |
| ChartMill Relative Strength | 48.91 | NEUTRAL | WGLD.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WGLD.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WGLD.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WGLD.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.27 | NEUTRAL | The RSI value for WGLD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WGLD.CA has a negative trend. |
| Stochastics (14,3) | 56.67 | NEUTRAL | The Stochastics value for WGLD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 15.67 | HIGH VOLATILITY | The high ATR as a percentage value for WGLD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.3 | NEUTRAL | The ADX value for WGLD.CA suggests a possible start of a new trend. |
TSX-V:WGLD (10/23/2025, 7:00:00 PM)
0.075
-0.02 (-21.05%)
WESTERN GOLD EXPLORATION LTD / WGLD.CA FAQ
What is the technical rating for WGLD stock?
ChartMill assigns a technical rating of 7 / 10 to WGLD.CA.
Can you provide the trend direction for WESTERN GOLD EXPLORATION LTD?
The current trend direction for WESTERN GOLD EXPLORATION LTD (WGLD.CA) is Bullish.
Can you provide the RSI signal for WESTERN GOLD EXPLORATION LTD?
WESTERN GOLD EXPLORATION LTD (WGLD.CA) has an RSI value of 50.274. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WESTERN GOLD EXPLORATION LTD?
The MACD indicator for WESTERN GOLD EXPLORATION LTD (WGLD.CA) has a value of -0.000126232, indicating a bearish trend.
What is the buy/sell signal for WESTERN GOLD EXPLORATION LTD (WGLD.CA) stock?
The buy/sell signal for WESTERN GOLD EXPLORATION LTD (WGLD.CA) is buy as both the short term and long term trends are positive.