WEST RED LAKE GOLD MIN -26 (WRLG-WT.CA) Stock Technical Analysis
TSX-V:WRLG-WT
Taking everything into account, WRLG-WT scores 5 out of 10 in our technical rating. WRLG-WT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month WRLG-WT has a been trading in the 0.20 - 0.48 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 long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the performance of all stocks over the past year, WRLG-WT turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
- WRLG-WT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WRLG-WT is lagging the market.
WRLG-WT 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
0.11
When analyzing the support we can see 5 important areas.
- Support @0.18 from a trend line in the daily time frame.
- Support @0.15 from a trend line in the weekly time frame.
- Support @0.14 from a trend line in the daily time frame.
- Support @0.13 from a horizontal line in the daily time frame.
- Support @0.11 from a horizontal line in the weekly 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.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WRLG-WT.CA is neutral. |
| ChartMill Relative Strength | 60.98 | NEUTRAL | WRLG-WT.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WRLG-WT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WRLG-WT.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WRLG-WT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.24 | NEUTRAL | The RSI value for WRLG-WT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WRLG-WT.CA has a negative trend. |
| Stochastics (14,3) | 14.29 | OVERSOLD | The low Stochastics value suggests WRLG-WT.CA may be oversold. |
| Average True Range in percent/ATR (20) | 29.13 | HIGH VOLATILITY | The high ATR as a percentage value for WRLG-WT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.65 | NEUTRAL | The ADX value for WRLG-WT.CA suggests a possible start of a new trend. |
TSX-V:WRLG-WT (2/12/2026, 7:00:00 PM)
0.2
-0.07 (-25.93%)
WEST RED LAKE GOLD MIN -26 / WRLG-WT.CA FAQ
What is the ChartMill technical rating of WEST RED LAKE GOLD MIN -26 (WRLG-WT.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to WRLG-WT.CA.
What is the trend direction for WRLG-WT stock?
The current trend direction for WEST RED LAKE GOLD MIN -26 (WRLG-WT.CA) is Bullish.
Can you provide the RSI signal for WEST RED LAKE GOLD MIN -26?
WEST RED LAKE GOLD MIN -26 (WRLG-WT.CA) has an RSI value of 42.2394. This indicates that the stock is currently neutral.
Can you provide the short term momentum for WEST RED LAKE GOLD MIN -26?
The short term momentum for WEST RED LAKE GOLD MIN -26 (WRLG-WT.CA) is neutral.
What are the support and resistance levels for WEST RED LAKE GOLD MIN -26 (WRLG-WT.CA) stock?
WEST RED LAKE GOLD MIN -26 (WRLG-WT.CA) has a support level at 0.18. Check the full technical report for our detailed analysis of WRLG-WT.CA support and resistance levels.