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WALLBRIDGE MINING CO LTD (WM.CA) Stock Technical Analysis

TSX:WM - Toronto Stock Exchange - CA9323971023 - Common Stock - Currency: CAD

0.07  0 (-6.67%)

Technical Rating and Analysis

6

Taking everything into account, WM scores 6 out of 10 in our technical rating. WM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, WM is a bad performer in the overall market: 72% of all stocks are doing better.
WM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month WM has a been trading in the 0.06 - 0.07 range, which is quite wide. It is currently trading near the high of this range.
WM is an average performer in the Metals & Mining industry, it outperforms 44% of 818 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
WALLBRIDGE MINING CO LTD / WM Weekly stock chart
WALLBRIDGE MINING CO LTD / WM Daily stock chart
Setup Rating and Analysis

6

WM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.07. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

0.06

0.09

When analyzing the support we notice one important area.

  • A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.51
Mansfield-1.78
10 Day High0.08
10 Day Low0.07
20 Day High0.08
20 Day Low0.06
52 Week High0.12
52 Week Low0.06
Performance
1 Week0%
2 Weeks0%
1 Month7.69%
3 Month7.69%
6 Month-12.5%
12 Month-12.5%
2 Year-54.84%
3 Year-78.46%
5 Year-90%
10 Year40%
15 Year-75.86%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)51.19
LBB0.07
UBB0.08
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
0.080.060.03 (33.33%)3.00%
An entry @0.08. This is a Buy Stop order right above the 10 day moving average.An exit @0.06. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.03 points, which is 33.33%.When investing 3.00% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
WALLBRIDGE MINING CO LTD / WM Daily stock chart

WALLBRIDGE MINING CO LTD

TSX:WM (2/11/2025, 7:00:00 PM)

0.07

0 (-6.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.67%
1 Week0%
2 Weeks0%
1 Month7.69%
3 Month7.69%
6 Month-12.5%
12 Month-12.5%
2 Year-54.84%
3 Year-78.46%
5 Year-90%
10 Year40%
15 Year-75.86%
Volatility
ATR(14)0.01
ATR(20)%7.68%
ATR Inc-9.68%
Range Today0
ADR(20)0.01
ADR(20)%7.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.51
Mansfield-1.78
10 Day High0.08
10 Day Low0.07
20 Day High0.08
20 Day Low0.06
52 Week High0.12
52 Week Low0.06
CS1 End0.06
CR1 Start0.07
Volume & EV
DER(3)-8.85%
DER(5)-0.08%
Volume103.10K
Volume Incr-43%
Vol(5)248.34K
Vol(50)420.48K