WEST RED LAKE GOLD MINES LTD (WRLG.CA) Technical Analysis
TSX-V:WRLG • CA95556L1013
Current stock price
WRLG.CA Technical Rating and Analysis
Taking everything into account, WRLG scores 0 out of 10 in our technical rating. WRLG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, WRLG is a bad performer in the overall market: 87% of all stocks are doing better.
- WRLG is one of the lesser performing stocks in the Metals & Mining industry. 80% of 803 stocks in the same industry do better.
- WRLG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month WRLG has a been trading in the 0.74 - 1.15 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.
- WRLG has an average volume of 2837700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
WRLG.CA Weekly and Daily overview Charts
WRLG.CA Setup Rating and Analysis
The technical rating of WRLG is bad and it also does not present a 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
WRLG.CA Support and Resistance Analysis
0.74
When analyzing the resistance we notice one important area.
- Resistance @1.06 from a trend line in the daily time frame.
WRLG.CA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for WRLG.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WRLG.CA is down. |
| ChartMill Relative Strength | 13.48 | NEGATIVE | WRLG.CA has a low relative strength, it was outperformed by 86.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WRLG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WRLG.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WRLG.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.8 | OVERSOLD | The low RSI value suggests WRLG.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests WRLG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.44 | OVERSOLD | The low Stochastics value suggests WRLG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.23 | HIGH VOLATILITY | The high ATR as a percentage value for WRLG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.75 | POSITIVE | The high ADX value value for WRLG.CA suggests a strong trend. |
WRLG.CA Chart- and CandleStick Pattern Analysis
WRLG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:WRLG (5/1/2026, 7:00:00 PM)
0.75
0 (0%)
WEST RED LAKE GOLD MINES LTD / WRLG.CA TA FAQ
What is the technical rating for WRLG stock?
ChartMill assigns a technical rating of 0 / 10 to WRLG.CA.
What is the trend direction for WRLG stock?
The current trend direction for WEST RED LAKE GOLD MINES LTD (WRLG.CA) is Bearish.
What is the RSI signal for WEST RED LAKE GOLD MINES LTD (WRLG.CA) stock?
WEST RED LAKE GOLD MINES LTD (WRLG.CA) has an RSI value of 25.7965. This indicates that the stock is currently oversold.
What is the MACD signal for WRLG stock?
The MACD indicator for WEST RED LAKE GOLD MINES LTD (WRLG.CA) has a value of -0.0271511, indicating a bearish trend.