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 2 out of 10 to WGLD. WGLD 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.
- 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 25636 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, WGLD turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
WGLD.CA Weekly and Daily overview Charts
WGLD.CA Setup Rating and Analysis
WGLD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
WGLD.CA Support and Resistance Analysis
0.13
5 important support areas can be observed.
- Support @0.24 from a trend line in the daily time frame.
- Support @0.23 from a trend line in the daily time frame.
- A support zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.16 from a trend line in the weekly time frame.
- Support @0.13 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @0.34 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 | NEUTRAL | NEUTRAL | The long term trend for WGLD.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WGLD.CA is neutral. |
| ChartMill Relative Strength | 68.97 | NEUTRAL | WGLD.CA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of WGLD.CA is above a declining 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) | 47.09 | 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) | 35.42 | NEUTRAL | The Stochastics value for WGLD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 15.2 | HIGH VOLATILITY | The high ATR as a percentage value for WGLD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 8.85 | 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 (3/19/2026, 7:00:00 PM)
0.25
-0.01 (-3.85%)
WESTERN GOLD EXPLORATION LTD / WGLD.CA TA FAQ
What is the technical rating for WGLD stock?
ChartMill assigns a technical rating of 2 / 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.
Can you provide the RSI signal for WESTERN GOLD EXPLORATION LTD?
WESTERN GOLD EXPLORATION LTD (WGLD.CA) has an RSI value of 47.0924. This indicates that the stock is currently neutral.
What is the short term momentum for WESTERN GOLD EXPLORATION LTD (WGLD.CA) stock?
The short term momentum for WESTERN GOLD EXPLORATION LTD (WGLD.CA) is neutral.
What are the support and resistance levels for WESTERN GOLD EXPLORATION LTD (WGLD.CA) stock?
WESTERN GOLD EXPLORATION LTD (WGLD.CA) has a support level at 0.24 and a resistance level at 0.34. Check the full technical report for our detailed analysis of WGLD.CA support and resistance levels.