WESTERN COPPER AND GOLD CORP (WRN.CA) Stock Technical Analysis
TSX:WRN - Toronto Stock Exchange - CA95805V1085 - Common Stock - Currency: CAD
Taking everything into account, WRN scores 4 out of 10 in our technical rating. WRN has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month WRN has a been trading in the 1.63 - 1.87 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 trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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 55% of all stocks.
WRN is an average performer in the Metals & Mining industry, it outperforms 46% of 806 stocks in the same industry.
WRN 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 WRN is lagging the market slightly.
WRN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.65, a Stop Loss order could be placed below this zone.
More info and screens
1.33
1.89
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1.64 to 1.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.53 from a horizontal line in the daily time frame.
- Support @1.46 from a horizontal line in the daily time frame.
- Support @1.34 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.81 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 | DOWN | NEGATIVE | The short term trend for WRN.CA is down. |
| ChartMill Relative Strength | 55.81 | NEUTRAL | WRN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WRN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WRN.CA is below a declining 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) | 42.03 | 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. |
| Stochastics (14,3) | 12.79 | OVERSOLD | The low Stochastics value suggests WRN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.05 | MEDIUM VOLATILITY | The ATR as a percentage value for WRN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.51 | 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)
TSX:WRN (8/1/2025, 7:00:00 PM)
1.66
-0.03 (-1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.78%
1 Week-8.29%
2 Weeks-1.78%
1 Month-3.49%
3 Month8.5%
6 Month10.67%
12 Month13.7%
2 Year-17%
3 Year-0.6%
5 Year1.84%
10 Year315%
15 Year29.69%
Volatility
ATR(14)0.07
ATR(20)%4.05%
ATR Inc-21.81%
Range Today0.05
ADR(20)0.06
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.81
Mansfield-0.23
10 Day High1.86
10 Day Low1.64
20 Day High1.87
20 Day Low1.63
52 Week High1.93
52 Week Low1.28
CS1 End1.65
CR1 Start1.81
Volume & EV
DER(3)-2.23%
DER(5)1.66%
Volume33.92K
Volume Incr-15.85%
Vol(5)102.75K
Vol(50)145.49K