WHITE GOLD CORP (WGO.CA) Stock Technical Analysis
TSX-V:WGO - TSX Venture Exchange - CA9638101068 - Common Stock - Currency: CAD
Taking everything into account, WGO scores 5 out of 10 in our technical rating. WGO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month WGO has a been trading in the 0.25 - 0.28 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, WGO did better than 70% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
WGO is an average performer in the Metals & Mining industry, it outperforms 55% of 808 stocks in the same industry.
WGO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WGO is lagging the market slightly.
Although the technical rating is only medium, WGO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.27. Right above this resistance zone may be a good entry point.
More info and screens
0.20
0.33
5 important support areas can be observed.
- Support @0.26 from a trend line in the daily time frame.
- A support zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.23 from a trend line in the daily time frame.
- Support @0.20 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- 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.
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 WGO.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WGO.CA is neutral. |
| ChartMill Relative Strength | 70.58 | POSITIVE | WGO.CA has a high relative strength, it outperformed 70.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WGO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WGO.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WGO.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.95 | NEUTRAL | The RSI value for WGO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WGO.CA has a positive trend. |
| Stochastics (14,3) | 38.89 | NEUTRAL | The Stochastics value for WGO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.62 | MEDIUM VOLATILITY | The ATR as a percentage value for WGO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.6 | NEGATIVE | The low ADX value for WGO.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:WGO (6/16/2025, 7:00:00 PM)
0.26
-0.01 (-1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.89%
1 Week0%
2 Weeks-1.89%
1 Month-7.14%
3 Month23.81%
6 Month23.81%
12 Month4%
2 Year-18.75%
3 Year-35.8%
5 Year-76.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%4.62%
ATR Inc53.13%
Range Today0.02
ADR(20)0.01
ADR(20)%4.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.58
Mansfield0.08
10 Day High0.28
10 Day Low0.26
20 Day High0.28
20 Day Low0.25
52 Week High0.37
52 Week Low0.17
CS1 End0.26
CR1 Start0.27
Volume & EV
DER(3)0%
DER(5)0%
Volume66.55K
Volume Incr-21.01%
Vol(5)132.34K
Vol(50)176.03K