WEST RED LAKE GOLD MINES -30 (WRLG-WT-C.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:WRLG-WT-C
Taking everything into account, WRLG-WT-C scores 6 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.
- 100% of all other stocks performed better in the past year than WRLG-WT-C.
- In the last month WRLG-WT-C has a been trading in the 0.35 - 0.69 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Considerably lower volume is observed in the last couple of days.
WRLG-WT-C 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
0.29
When analyzing the support we can see 3 important areas.
- Support @0.31 from a trend line in the weekly time frame.
- A support zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.29 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-C.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WRLG-WT-C.CA is neutral. |
| 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 | MIXED | The current price of WRLG-WT-C.CA is below 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) | 50.08 | NEUTRAL | The RSI value for WRLG-WT-C.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WRLG-WT-C.CA has a negative trend. |
| Stochastics (14,3) | 10.51 | OVERSOLD | The low Stochastics value suggests WRLG-WT-C.CA may be oversold. |
| Average True Range in percent/ATR (20) | 10.22 | HIGH VOLATILITY | The high ATR as a percentage value for WRLG-WT-C.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.98 | POSITIVE | The high ADX value value for WRLG-WT-C.CA suggests a strong trend. |
TSX-V:WRLG-WT-C (2/5/2026, 7:00:00 PM)
0.45
+0.04 (+9.76%)
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 6 / 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 50.0759. 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 neutral.
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 0.31. Check the full technical report for our detailed analysis of WRLG-WT-C.CA support and resistance levels.