WEST RED LAKE GOLD MINES LTD (WRLG.CA) Technical Analysis
TSX-V:WRLG • CA95556L1013
Current stock price
WRLG.CA Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to WRLG. Although WRLG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month WRLG has a been trading in the 0.98 - 1.48 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.
- Looking at the yearly performance, WRLG did better than 80% of all other stocks. On top of that, WRLG also shows a nice and consistent pattern of rising prices.
- WRLG has an average volume of 2363440 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 is part of the Metals & Mining industry. There are 822 other stocks in this industry, WRLG did better than 57% of them.
- WRLG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WRLG is lagging the market slightly.
WRLG.CA Weekly and Daily overview Charts
WRLG.CA Setup Rating and Analysis
WRLG 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
WRLG.CA Support and Resistance Analysis
0.78
When analyzing the support we can see 4 important areas.
- Support @0.99 from a trend line in the weekly time frame.
- Support @0.88 from a trend line in the weekly time frame.
- Support @0.84 from a trend line in the daily time frame.
- Support @0.79 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.40 from a horizontal 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 | 80.72 | POSITIVE | WRLG.CA has a high relative strength, it outperformed 80.72% 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) | UP | MIXED | The current price of WRLG.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WRLG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.86 | NEUTRAL | The RSI value for WRLG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests WRLG.CA has a negative trend. |
| Stochastics (14,3) | 7.09 | OVERSOLD | The low Stochastics value suggests WRLG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.76 | HIGH VOLATILITY | The high ATR as a percentage value for WRLG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.06 | NEGATIVE | The low ADX value for WRLG.CA suggests a weak or negative trend. |
WRLG.CA Chart- and CandleStick Pattern Analysis
WRLG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:WRLG (3/19/2026, 7:00:00 PM)
1.05
-0.02 (-1.87%)
WEST RED LAKE GOLD MINES LTD / WRLG.CA TA FAQ
What is the technical rating for WRLG stock?
ChartMill assigns a technical rating of 5 / 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 WRLG stock?
WEST RED LAKE GOLD MINES LTD (WRLG.CA) has an RSI value of 32.8614. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WEST RED LAKE GOLD MINES LTD?
The MACD indicator for WEST RED LAKE GOLD MINES LTD (WRLG.CA) has a value of -0.0271241, indicating a bearish trend.
Can you provide the short term momentum for WEST RED LAKE GOLD MINES LTD?
The short term momentum for WEST RED LAKE GOLD MINES LTD (WRLG.CA) is negative.