WHITEMUD RESOURCES INC (WMK.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:WMK • CA9654241046
Taking everything into account, WMK scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WMK is only an average performer.
- Warning: WMK has an average volume of 14200 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the performance of all stocks over the past year, WMK turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
- WMK is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, WMK did better than 60% of them.
- WMK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WMK is lagging the market.
- In the last month WMK has a been trading in the 0.10 - 0.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WMK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for WMK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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5 important support areas can be observed.
- A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.11 from a trend line in the weekly time frame.
- Support @0.10 from a horizontal line in the daily time frame.
- Support @0.09 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.16 from a trend line in the daily time frame.
- Resistance @0.17 from a trend 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 | UP | POSITIVE | The long term trend for WMK.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WMK.CA is up. |
| ChartMill Relative Strength | 61.43 | NEUTRAL | WMK.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WMK.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WMK.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of WMK.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.65 | 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) | 15.74 | OVERSOLD | The low Stochastics value suggests WMK.CA may be oversold. |
| Average True Range in percent/ATR (20) | 12.78 | HIGH VOLATILITY | The high ATR as a percentage value for WMK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.58 | NEUTRAL | The ADX value for WMK.CA suggests a possible start of a new trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.15 | 0.12 | 0.03 (20.00%) | 5.00% |
| An entry @0.15. This is a Buy Stop order right above the resistance zone. | An exit @0.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 20.00%. | For a 1.00% total portfolio risk, you can invest 5.00% of your capital in this trade. |
- 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.
TSX-V:WMK (1/30/2026, 7:00:00 PM)
0.135
0 (0%)
WHITEMUD RESOURCES INC / WMK.CA FAQ
What is the technical rating for WMK stock?
ChartMill assigns a technical rating of 8 / 10 to WMK.CA.
What is the trend direction for WMK stock?
The current trend direction for WHITEMUD RESOURCES INC (WMK.CA) is Bullish.
Can you provide the RSI signal for WHITEMUD RESOURCES INC?
WHITEMUD RESOURCES INC (WMK.CA) has an RSI value of 50.6506. This indicates that the stock is currently neutral.
What is the buy/sell signal for WHITEMUD RESOURCES INC (WMK.CA) stock?
The buy/sell signal for WHITEMUD RESOURCES INC (WMK.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for WHITEMUD RESOURCES INC?
WHITEMUD RESOURCES INC (WMK.CA) has a support level at 0.13 and a resistance level at 0.14. Check the full technical report for our detailed analysis of WMK.CA support and resistance levels.