WALLBRIDGE MINING CO LTD (WM.CA) Technical Analysis
TSX:WM • CA9323971023
We assign a technical rating of 1 out of 10 to WM. WM 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.
- WM is one of the lesser performing stocks in the Metals & Mining industry. 64% of 815 stocks in the same industry do better.
- WM has an average volume of 1367760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that WM is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- WM 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 WM is lagging the market slightly.
- In the last month WM has a been trading in the 0.08 - 0.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
WM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.09, a Stop Loss order could be placed below this zone.
More info and screens
0.08
We found 2 important support areas.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.08 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.11 from a trend line in the daily time frame.
- Resistance @0.12 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for WM.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WM.CA is down. |
| ChartMill Relative Strength | 71.61 | POSITIVE | WM.CA has a high relative strength, it outperformed 71.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WM.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.28 | NEUTRAL | The RSI value for WM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for WM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.84 | HIGH VOLATILITY | The high ATR as a percentage value for WM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.47 | NEGATIVE | The low ADX value for WM.CA suggests a weak or negative trend. |
WM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:WM (3/11/2026, 7:00:00 PM)
0.095
+0.01 (+5.56%)
WALLBRIDGE MINING CO LTD / WM.CA FAQ
What is the technical rating for WM stock?
ChartMill assigns a technical rating of 1 / 10 to WM.CA.
What is the trend direction for WM stock?
The current trend direction for WALLBRIDGE MINING CO LTD (WM.CA) is Bearish.
Can you provide the RSI signal for WALLBRIDGE MINING CO LTD?
WALLBRIDGE MINING CO LTD (WM.CA) has an RSI value of 49.2759. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WALLBRIDGE MINING CO LTD?
The MACD indicator for WALLBRIDGE MINING CO LTD (WM.CA) has a value of -0.000248471, indicating a bearish trend.
What is the support and resistance level for WM stock?
WALLBRIDGE MINING CO LTD (WM.CA) has a support level at 0.09 and a resistance level at 0.1. Check the full technical report for our detailed analysis of WM.CA support and resistance levels.