WESTERN COPPER AND GOLD CORP (WRN.CA) Stock Technical Analysis
TSX:WRN - Toronto Stock Exchange - CA95805V1085 - Common Stock - Currency: CAD
Overall WRN gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WRN is only an average performer.
In the last month WRN has a been trading in the 1.63 - 1.93 range, which is quite wide. It is currently trading near the lows of this range.
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, WRN turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
WRN is part of the Metals & Mining industry. There are 808 other stocks in this industry, WRN did better than 51% of them.
WRN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WRN is lagging the market.
Besides having an excellent technical rating, WRN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.69, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.33
1.89
When analyzing the support we can see 5 important areas.
- A support zone ranging from 1.68 to 1.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.57 from a trend line in the weekly time frame.
- Support @1.53 from a horizontal line in the daily time frame.
- A support zone ranging from 1.46 to 1.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.34 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @1.83 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.86 to 1.87. 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 WRN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WRN.CA is neutral. |
| ChartMill Relative Strength | 63.37 | NEUTRAL | WRN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WRN.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WRN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WRN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.95 | NEUTRAL | The RSI value for WRN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WRN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.9 | NEUTRAL | The Stochastics value for WRN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for WRN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.05 | NEGATIVE | The low ADX value for WRN.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.84 | 1.67 | 0.17 (9.24%) | 10.82% |
| An entry @1.84. This is a Buy Stop order right above the resistance zone. | An exit @1.67. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.17 points, which is 9.24%. | When investing 10.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:WRN (7/4/2025, 7:00:00 PM)
1.72
+0.04 (+2.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.38%
1 Week1.18%
2 Weeks-4.44%
1 Month0.58%
3 Month24.64%
6 Month8.86%
12 Month6.83%
2 Year-18.1%
3 Year-5.49%
5 Year10.26%
10 Year273.91%
15 Year68.63%
Volatility
ATR(14)0.06
ATR(20)%4.14%
ATR Inc-31.63%
Range Today0.04
ADR(20)0.07
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.37
Mansfield0.06
10 Day High1.8
10 Day Low1.63
20 Day High1.93
20 Day Low1.63
52 Week High1.93
52 Week Low1.28
CS1 End1.69
CR1 Start1.83
Volume & EV
DER(3)-8.2%
DER(5)-9.14%
Volume9.72K
Volume Incr-49.3%
Vol(5)95.38K
Vol(50)143.71K