WEST RED LAKE GOLD MINES-29 (WRLG-WT-A.CA) Stock Technical Analysis
TSX-V:WRLG-WT-A
We assign a technical rating of 10 out of 10 to WRLG-WT-A. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WRLG-WT-A is showing a nice and steady performance.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that WRLG-WT-A is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by WRLG-WT-A over the past year are nicely spread over this period.
- A new 52 week high is currently being made by WRLG-WT-A, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month WRLG-WT-A has a been trading in the 0.49 - 0.70 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although WRLG-WT-A has an excellent technical rating, it 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
0.40
When analyzing the support we can see 3 important areas.
- Support @0.43 from a trend line in the weekly time frame.
- Support @0.42 from a trend line in the daily time frame.
- Support @0.40 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 WRLG-WT-A.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WRLG-WT-A.CA is up. |
| ChartMill Relative Strength | 90.13 | POSITIVE | WRLG-WT-A.CA has a high relative strength, it outperformed 90.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WRLG-WT-A.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WRLG-WT-A.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WRLG-WT-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.01 | NEUTRAL | The RSI value for WRLG-WT-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WRLG-WT-A.CA has a positive trend. |
| Stochastics (14,3) | 81.25 | OVERBOUGHT | The high Stochastics value suggests WRLG-WT-A.CA may be overbought. |
| Average True Range in percent/ATR (20) | 8.29 | HIGH VOLATILITY | The high ATR as a percentage value for WRLG-WT-A.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.9 | NEGATIVE | The low ADX value for WRLG-WT-A.CA suggests a weak or negative trend. |
TSX-V:WRLG-WT-A (2/27/2026, 7:00:00 PM)
0.7
+0.02 (+2.94%)
WEST RED LAKE GOLD MINES-29 / WRLG-WT-A.CA FAQ
What is the technical rating for WRLG-WT-A stock?
ChartMill assigns a technical rating of 10 / 10 to WRLG-WT-A.CA.
Can you provide the trend direction for WEST RED LAKE GOLD MINES-29?
The current trend direction for WEST RED LAKE GOLD MINES-29 (WRLG-WT-A.CA) is Bullish.
Can you provide the RSI signal for WEST RED LAKE GOLD MINES-29?
WEST RED LAKE GOLD MINES-29 (WRLG-WT-A.CA) has an RSI value of 65.0105. This indicates that the stock is currently neutral.
What is the MACD signal for WRLG-WT-A stock?
The MACD indicator for WEST RED LAKE GOLD MINES-29 (WRLG-WT-A.CA) has a value of 0.0043832, indicating a bearish trend.
Can you provide the buy/sell signal for WEST RED LAKE GOLD MINES-29?
The buy/sell signal for WEST RED LAKE GOLD MINES-29 (WRLG-WT-A.CA) is buy as both the short term and long term trends are positive.