WEST RED LAKE GOLD MINES -30 (WRLG-WT-C.CA) Stock Technical Analysis
TSX-V:WRLG-WT-C
Taking everything into account, WRLG-WT-C scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, WRLG-WT-C is a bad performer.
- When comparing the yearly performance of all stocks, WRLG-WT-C is a bad performer in the overall market: 100% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month WRLG-WT-C has a been trading in the 0.40 - 0.69 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-C has an excellent technical rating, it does not present a decent entry opportunity 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
0.31
We found 3 important support areas.
- Support @0.47 from a trend line in the daily time frame.
- Support @0.32 from a trend line in the weekly time frame.
- A support zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
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-C.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WRLG-WT-C.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | WRLG-WT-C.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 WRLG-WT-C.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WRLG-WT-C.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 62.3 | NEUTRAL | The RSI value for WRLG-WT-C.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests WRLG-WT-C.CA has a positive trend. |
| Stochastics (14,3) | 81.24 | OVERBOUGHT | The high Stochastics value suggests WRLG-WT-C.CA may be overbought. |
| Average True Range in percent/ATR (20) | 9.83 | HIGH VOLATILITY | The high ATR as a percentage value for WRLG-WT-C.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.79 | POSITIVE | The high ADX value value for WRLG-WT-C.CA suggests a strong trend. |
TSX-V:WRLG-WT-C (2/27/2026, 7:00:00 PM)
0.58
-0.03 (-4.92%)
WEST RED LAKE GOLD MINES -30 / WRLG-WT-C.CA FAQ
Can you provide the ChartMill technical rating for WEST RED LAKE GOLD MINES -30?
ChartMill assigns a technical rating of 7 / 10 to WRLG-WT-C.CA.
What is the trend direction for WRLG-WT-C stock?
The current trend direction for WEST RED LAKE GOLD MINES -30 (WRLG-WT-C.CA) is Bullish.
Can you provide the RSI signal for WEST RED LAKE GOLD MINES -30?
WEST RED LAKE GOLD MINES -30 (WRLG-WT-C.CA) has an RSI value of 62.3002. This indicates that the stock is currently neutral.
What is the short term momentum for WEST RED LAKE GOLD MINES -30 (WRLG-WT-C.CA) stock?
The short term momentum for WEST RED LAKE GOLD MINES -30 (WRLG-WT-C.CA) is positive.
What are the support and resistance levels for WEST RED LAKE GOLD MINES -30 (WRLG-WT-C.CA) stock?
WEST RED LAKE GOLD MINES -30 (WRLG-WT-C.CA) has a support level at 0.47. Check the full technical report for our detailed analysis of WRLG-WT-C.CA support and resistance levels.