Canada - TSX:WM - CA9323971023 - Common Stock
We assign a technical rating of 2 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.
The technical rating of WM is bad and it also does not present a quality setup 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.
0.08
When analyzing the resistance we notice 2 important areas.
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 | 72.74 | POSITIVE | WM.CA has a high relative strength, it outperformed 72.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WM.CA is below the rising 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) | 39.5 | 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) | 8.33 | OVERSOLD | The low Stochastics value suggests WM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 10.76 | HIGH VOLATILITY | The high ATR as a percentage value for WM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.09 | POSITIVE | The high ADX value value for WM.CA suggests a strong trend. |
TSX:WM (11/6/2025, 7:00:00 PM)
0.0825
0 (-2.94%)
ChartMill assigns a technical rating of 2 / 10 to WM.CA.
The current trend direction for WALLBRIDGE MINING CO LTD (WM.CA) is Bearish.
WALLBRIDGE MINING CO LTD (WM.CA) has an RSI value of 39.4982. This indicates that the stock is currently neutral.
The MACD indicator for WALLBRIDGE MINING CO LTD (WM.CA) has a value of -0.00204115, indicating a bearish trend.