WEALTH MINERALS LTD (WML.CA) Stock Technical Analysis
TSX-V:WML - CA9468852095 - Common Stock
0.055 CAD
+0.01 (+22.22%)
Overall WML gets a technical rating of 0 out of 10. WML 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.
When comparing the yearly performance of all stocks, WML is a bad performer in the overall market: 82% of all stocks are doing better.
WML is one of the lesser performing stocks in the Metals & Mining industry. 71% of 796 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.
In the last month WML has a been trading in the 0.04 - 0.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, WML does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.05, a Stop Loss order could be placed below this zone.
More info and screens
0.05
0.06
When analyzing the support we notice one important area.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 18.2 | NEGATIVE | WML.CA has a low relative strength, it was outperformed by 81.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WML.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WML.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WML.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.41 | NEUTRAL | The RSI value for WML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests WML.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests WML.CA may be oversold. |
| Average True Range in percent/ATR (20) | 10 | HIGH VOLATILITY | The high ATR as a percentage value for WML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.92 | NEGATIVE | The low ADX value for WML.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:WML (8/29/2025, 7:00:00 PM)
0.055
+0.01 (+22.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg22.22%
1 Week0%
2 Weeks0%
1 Month-15.38%
3 Month22.22%
6 Month-35.29%
12 Month-31.25%
2 Year-81.67%
3 Year-79.63%
5 Year-52.17%
10 Year-72.5%
15 Year-82.81%
Volatility
ATR(14)0.01
ATR(20)%10%
ATR Inc40%
Range Today0
ADR(20)0
ADR(20)%5.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.2
Mansfield-1.88
10 Day High0.06
10 Day Low0.05
20 Day High0.07
20 Day Low0.05
52 Week High0.12
52 Week Low0.03
CS1 End0.05
CR1 Start0.06
Volume & EV
DER(3)0%
DER(5)0%
Volume341.20K
Volume Incr208.12%
Vol(5)156.27K
Vol(50)90.52K