WHEATON PRECIOUS METALS CORP (WPM)

CA9628791027 - Common Stock

55.83  -0.09 (-0.16%)

Premarket: 55.94 +0.11 (+0.2%)

Technical Rating and Analysis

9

Taking everything into account, WPM scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, WPM has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
WPM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month WPM has a been trading in the 50.91 - 57.33 range, which is quite wide. It is currently trading near the high of this range.
WPM has an average volume of 2021230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, WPM did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
WPM is an average performer in the Metals & Mining industry, it outperforms 62% of 155 stocks in the same industry.
Weekly and Daily overview Charts
WPM Weekly chart
WPM Daily chart
Setup Rating and Analysis

6

WPM 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.

Support and Resistance Analysis

38.43

56.39

When analyzing the support we can see 5 important areas.

  • Support @55.59 from a trend line in the daily time frame.
  • A support zone ranging from 52.13 to 52.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @41.45 from a trend line in the weekly time frame.
  • Support @40.47 from a horizontal line in the weekly time frame.
  • Support @38.82 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.94
Mansfield0.74
10 Day High57.33
10 Day Low52.02
20 Day High57.33
20 Day Low50.91
52 Week High57.33
52 Week Low38.37
Performance
1 Week0.09%
2 Weeks5.28%
1 Month5.96%
3 Month25.71%
6 Month22.09%
12 Month16.12%
2 Year35.15%
3 Year16.26%
5 Year152.62%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)66.91
LBB51.79
UBB56.61
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
57.3455.581.76 (3.07%)25.00%
An entry @57.34. This is a Buy Stop order right above the 10 day high.An exit @55.58. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.76 points, which is 3.07%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%.

  • The distance between exit and entry is rather small compared to the average daily movement of WPM. 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.
WPM Daily chart

WHEATON PRECIOUS METALS CORP

NYSE:WPM (5/16/2024, 7:26:05 PM)

Premarket: 55.94 +0.11 (+0.2%)

55.83

-0.09 (-0.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.16%
1 Week0.09%
2 Weeks5.28%
1 Month5.96%
3 Month25.71%
6 Month22.09%
12 Month16.12%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.46
ATR(20)%2.62%
ATR Inc
Range Today1.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High57.33
10 Day Low52.02
20 Day High57.33
20 Day Low50.91
52 Week High57.33
52 Week Low38.37
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.19M
Volume Incr-11.7%
Vol(5)1.70M
Vol(50)2.02M