WHITEMUD RESOURCES INC (WMK.CA) Stock Technical Analysis
TSX-V:WMK - TSX Venture Exchange - CA9654241046 - Common Stock - Currency: CAD
Taking everything into account, WMK scores 0 out of 10 in our technical rating. WMK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
89% of all other stocks performed better in the past year than WMK.
WMK is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 72% of 211 stocks in the same industry do better.
WMK is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so WMK is lagging the market.
In the last month WMK has a been trading in the 0.10 - 0.14 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: WMK has an average volume of 24050 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of WMK 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.
More info and screens
0.10
0.14
When analyzing the resistance we notice 4 important areas.
- Resistance @0.10 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.13 from a trend line in the weekly time frame.
- Resistance @0.14 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for WMK.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WMK.CA is neutral. |
| ChartMill Relative Strength | 11.66 | NEGATIVE | WMK.CA has a low relative strength, it was outperformed by 88.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WMK.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WMK.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WMK.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.12 | NEUTRAL | The RSI value for WMK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WMK.CA has a negative trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for WMK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.29 | HIGH VOLATILITY | The high ATR as a percentage value for WMK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.22 | NEGATIVE | The low ADX value for WMK.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:WMK (5/29/2025, 7:00:00 PM)
0.105
-0.01 (-4.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.55%
1 Week-19.23%
2 Weeks-22.22%
1 Month-19.23%
3 Month-4.55%
6 Month-30%
12 Month-47.5%
2 Year-12.5%
3 Year75%
5 Year425%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%9.29%
ATR Inc45.83%
Range Today0
ADR(20)0
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
CRS11.66
Mansfield-3.78
10 Day High0.14
10 Day Low0.11
20 Day High0.14
20 Day Low0.11
52 Week High0.27
52 Week Low0.11
CS1 EndN/A
CR1 Start0.1
Volume & EV
DER(3)0%
DER(5)0%
Volume10.00K
Volume Incr-19.41%
Vol(5)20.31K
Vol(50)24.05K