WHITE GOLD CORP (WGO.CA) Stock Technical Analysis
TSX-V:WGO - TSX Venture Exchange - CA9638101068 - Common Stock - Currency: CAD
Overall WGO gets a technical rating of 8 out of 10. Although WGO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
WGO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WGO is lagging the market slightly.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that WGO is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
WGO is part of the Metals & Mining industry. There are 806 other stocks in this industry, WGO did better than 57% of them.
In the last month WGO has a been trading in the 0.28 - 0.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although WGO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.25
0.35
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.30 from a trend line in the daily time frame.
- Support @0.25 from a trend 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 WGO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WGO.CA is up. |
| ChartMill Relative Strength | 77.95 | POSITIVE | WGO.CA has a high relative strength, it outperformed 77.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WGO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WGO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WGO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.8 | NEUTRAL | The RSI value for WGO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests WGO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.33 | NEUTRAL | The Stochastics value for WGO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.61 | HIGH VOLATILITY | The high ATR as a percentage value for WGO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.09 | POSITIVE | The high ADX value value for WGO.CA suggests a strong 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 (7/29/2025, 7:00:00 PM)
0.35
-0.02 (-5.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.41%
1 Week14.75%
2 Weeks18.64%
1 Month14.75%
3 Month9.38%
6 Month94.44%
12 Month45.83%
2 Year12.9%
3 Year-12.5%
5 Year-70.83%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%5.61%
ATR Inc61.06%
Range Today0.03
ADR(20)0.02
ADR(20)%5.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.95
Mansfield2.55
10 Day High0.41
10 Day Low0.28
20 Day High0.41
20 Day Low0.28
52 Week High0.41
52 Week Low0.17
CS1 End0.34
CR1 StartN/A
Volume & EV
DER(3)-8.34%
DER(5)-5%
Volume346.31K
Volume Incr11275.18%
Vol(5)5.86M
Vol(50)683.77K