WEALTH MINERALS LTD (WML.CA) Technical Analysis
TSX-V:WML • CA9468852095
Overall WML gets a technical rating of 2 out of 10. In the past year, WML was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 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.
- When comparing the yearly performance of all stocks, WML is a bad performer in the overall market: 91% of all stocks are doing better.
- WML is one of the lesser performing stocks in the Metals & Mining industry. 87% of 816 stocks in the same industry do better.
- WML is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month WML has a been trading in the 0.06 - 0.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of WML 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
0.06
When analyzing the support we notice one important area.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.10 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 | DOWN | NEGATIVE | The long term trend for WML.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WML.CA is neutral. |
| ChartMill Relative Strength | 9.71 | NEGATIVE | WML.CA has a low relative strength, it was outperformed by 90.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WML.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WML.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WML.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.34 | NEUTRAL | The RSI value for WML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WML.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests WML.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.36 | HIGH VOLATILITY | The high ATR as a percentage value for WML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.63 | NEGATIVE | The low ADX value for WML.CA suggests a weak or negative trend. |
WML.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:WML (3/5/2026, 7:00:00 PM)
0.07
0 (-6.67%)
WEALTH MINERALS LTD / WML.CA FAQ
What is the ChartMill technical rating of WEALTH MINERALS LTD (WML.CA) stock?
ChartMill assigns a technical rating of 3 / 10 to WML.CA.
Can you provide the trend direction for WEALTH MINERALS LTD?
The current trend direction for WEALTH MINERALS LTD (WML.CA) is Bearish.
What is the RSI signal for WML stock?
WEALTH MINERALS LTD (WML.CA) has an RSI value of 47.3446. This indicates that the stock is currently neutral.
What is the short term momentum for WML stock?
The short term momentum for WEALTH MINERALS LTD (WML.CA) is neutral.