WESTERN GOLD EXPLORATION LTD (WGLD.CA) Technical Analysis
TSX-V:WGLD • CA95827R2000
Current stock price
WGLD.CA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to WGLD. WGLD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, WGLD is a bad performer in the overall market: 85% of all stocks are doing better.
- WGLD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WGLD is lagging the market.
- In the last month WGLD has a been trading in the 0.22 - 0.38 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: WGLD has an average volume of 25218 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
WGLD.CA Weekly and Daily overview Charts
WGLD.CA Setup Rating and Analysis
WGLD has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
WGLD.CA Support and Resistance Analysis
0.13
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.23 from a trend line in the daily time frame.
- Support @0.22 from a horizontal line in the daily time frame.
- Support @0.16 from a trend line in the weekly time frame.
- Support @0.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.33 from a trend line in the weekly time frame.
- Resistance @0.36 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
WGLD.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 | DOWN | NEGATIVE | The long term trend for WGLD.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WGLD.CA is down. |
| ChartMill Relative Strength | 15.14 | NEGATIVE | WGLD.CA has a low relative strength, it was outperformed by 84.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WGLD.CA is below a declining 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) | 48.15 | NEUTRAL | The RSI value for WGLD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WGLD.CA has a negative trend. |
| Stochastics (14,3) | 22.92 | NEUTRAL | The Stochastics value for WGLD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 14.71 | HIGH VOLATILITY | The high ATR as a percentage value for WGLD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 8.5 | NEGATIVE | The low ADX value for WGLD.CA suggests a weak or negative trend. |
WGLD.CA Chart- and CandleStick Pattern Analysis
WGLD.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:WGLD (4/1/2026, 7:00:00 PM)
0.26
+0.01 (+4%)
WESTERN GOLD EXPLORATION LTD / WGLD.CA TA FAQ
What is the technical rating for WGLD stock?
ChartMill assigns a technical rating of 1 / 10 to WGLD.CA.
What is the trend direction for WGLD stock?
The current trend direction for WESTERN GOLD EXPLORATION LTD (WGLD.CA) is Bearish.
What is the RSI signal for WGLD stock?
WESTERN GOLD EXPLORATION LTD (WGLD.CA) has an RSI value of 48.1452. 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 -0.00671302, 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 sell as both the short term and long term trends are negative.