We assign a technical rating of 8 out of 10 to WNN.W. WNN.W has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
WNN.W is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so WNN.W is leading the market.
In the last month WNN.W has a been trading in the 0.22 - 0.48 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that WNN.W is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.