WHITEMUD RESOURCES INC (WMK.CA) Technical Analysis
TSX-V:WMK • CA9654241046
Taking everything into account, WMK scores 8 out of 10 in our technical rating. Although WMK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: WMK has an average volume of 18578 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- WMK is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 76% of 212 stocks in the same industry.
- A new 52 week high is currently being made by WMK, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month WMK has a been trading in the 0.14 - 0.18 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, WMK did better than 77% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, WMK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. 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.
More info and screens
0.10
When analyzing the support we can see 5 important areas.
- A support zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.13 from a trend line in the daily time frame.
- Support @0.12 from a trend line in the weekly time frame.
- Support @0.10 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 | 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 | 77.49 | POSITIVE | WMK.CA has a high relative strength, it outperformed 77.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WMK.CA is above 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) | UP | POSITIVE | The current price of WMK.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.36 | NEUTRAL | The RSI value for WMK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WMK.CA has a positive trend. |
| Stochastics (14,3) | 96.67 | OVERBOUGHT | The high Stochastics value suggests WMK.CA may be overbought. |
| Average True Range in percent/ATR (20) | 7.43 | HIGH VOLATILITY | The high ATR as a percentage value for WMK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.9 | POSITIVE | The high ADX value value for WMK.CA suggests a strong 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 |
|---|---|---|---|
| 0.20 | 0.16 | 0.04 (17.95%) | 5.57% |
| An entry @0.20. This is a Buy Stop order right above the 10 day high. | An exit @0.16. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.04 points, which is 17.95%. | When investing 5.57% 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.
WMK.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:WMK (3/10/2026, 7:00:00 PM)
0.185
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 59.361. 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 0.17. Check the full technical report for our detailed analysis of WMK.CA support and resistance levels.