WEST POINT GOLD CORP (WPG.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:WPG - CA95538Q1037 - Common Stock
We assign a technical rating of 7 out of 10 to WPG. Although WPG is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
WPG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.68, a Stop Loss order could be placed below this zone.
More info and screens
0.64
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.68 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.65 from a trend 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 WPG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WPG.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | WPG.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WPG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WPG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WPG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.7 | NEUTRAL | The RSI value for WPG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WPG.CA has a negative trend. |
| Stochastics (14,3) | 49.82 | NEUTRAL | The Stochastics value for WPG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.73 | HIGH VOLATILITY | The high ATR as a percentage value for WPG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.84 | POSITIVE | The high ADX value value for WPG.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 |
|---|---|---|---|
| 0.73 | 0.67 | 0.06 (8.47%) | 11.81% |
| An entry @0.73. This is a Buy Stop order right above the 10 day moving average. | An exit @0.67. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.06 points, which is 8.47%. | When investing 11.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of WPG. Please evaluate whether better entry and exit points can be found.
- 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:WPG (11/21/2025, 7:00:00 PM)
0.69
-0.01 (-1.43%)
WEST POINT GOLD CORP / WPG.CA FAQ
Can you provide the ChartMill technical rating for WEST POINT GOLD CORP?
ChartMill assigns a technical rating of 7 / 10 to WPG.CA.
What is the trend direction for WPG stock?
The current trend direction for WEST POINT GOLD CORP (WPG.CA) is Bullish.
Can you provide the RSI signal for WEST POINT GOLD CORP?
WEST POINT GOLD CORP (WPG.CA) has an RSI value of 54.7002. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WEST POINT GOLD CORP?
The MACD indicator for WEST POINT GOLD CORP (WPG.CA) has a value of -0.00765935, indicating a bearish trend.
Can you provide the support and resistance levels for WEST POINT GOLD CORP?
WEST POINT GOLD CORP (WPG.CA) has a support level at 0.68. Check the full technical report for our detailed analysis of WPG.CA support and resistance levels.