WHEATON PRECIOUS METALS CORP (WPM) Technical Analysis
NYSE:WPM • CA9628791027
Current stock price
135.56 USD
-1.24 (-0.91%)
At close:
135.8 USD
+0.24 (+0.18%)
After Hours:
WPM Technical Rating and Analysis
Overall WPM gets a technical rating of 6 out of 10. WPM was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- When comparing the yearly performance of all stocks, we notice that WPM is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, WPM also shows a nice and consistent pattern of rising prices.
- WPM has an average volume of 2709080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- WPM is an average performer in the Metals & Mining industry, it outperforms 52% of 158 stocks in the same industry.
- WPM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WPM is lagging the market slightly.
- In the last month WPM has a been trading in the 113.39 - 153.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WPM Weekly and Daily overview Charts
WPM Setup Rating and Analysis
WPM has an average technical rating and it also does not offer a high 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
WPM Support and Resistance Analysis
104.10
138.18
2 important support areas can be observed.
- A support zone ranging from 116.25 to 118.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @105.15 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 135.57 to 136.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
WPM Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for WPM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WPM is neutral. |
| ChartMill Relative Strength | 89.96 | POSITIVE | WPM has a high relative strength, it outperformed 89.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WPM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WPM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WPM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.23 | NEUTRAL | The RSI value for WPM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.06 | POSITIVE | The MACD value suggests WPM has a positive trend. |
| Stochastics (14,3) | 64.07 | NEUTRAL | The Stochastics value for WPM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.24 | HIGH VOLATILITY | The high ATR as a percentage value for WPM suggests high volalility. |
| Average Directional Index/ADX (14) | 31.02 | POSITIVE | The high ADX value value for WPM suggests a strong trend. |
WPM Chart- and CandleStick Pattern Analysis
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)
WPM Technicals: Chart, Performance Metrics, Trend & Indicators
135.56
-1.24 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.91%
1 Week13.96%
2 Weeks11.8%
1 Month-8.3%
3 Month15.01%
6 Month23.62%
12 Month91.2%
2 Year159.99%
3 Year174.52%
5 Year228.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.2
ATR(20)%5.24%
ATR Inc9.69%
Range Today8.15
ADR(20)6.12
ADR(20)%4.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.96
3 months CRS88.21
6 months CRS89.11
Mansfield2.41
10 Day High138.42
10 Day Low113.39
20 Day High153
20 Day Low113.39
52 Week High165.76
52 Week Low68.03
CS1 End118.94
CR1 Start135.57
Volume & EV
DER(3)-1.06%
DER(5)-0.67%
Volume1.99M
Volume Incr0.56%
Vol(5)2.75M
Vol(50)2.71M
WHEATON PRECIOUS METALS CORP / WPM TA FAQ
What is the technical rating for WPM stock?
ChartMill assigns a technical rating of 6 / 10 to WPM.
Can you provide the trend direction for WHEATON PRECIOUS METALS CORP?
The current trend direction for WHEATON PRECIOUS METALS CORP (WPM) is Bearish.
What is the RSI signal for WPM stock?
WHEATON PRECIOUS METALS CORP (WPM) has an RSI value of 51.2262. This indicates that the stock is currently neutral.
What is the short term momentum for WPM stock?
The short term momentum for WHEATON PRECIOUS METALS CORP (WPM) is neutral.