Overall WRN gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WRN is showing a nice and steady performance.
Although WRN has an excellent technical rating, it does not present a decent entry opportunity 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
0.98
We found 4 important support areas.
- A support zone ranging from 2.16 to 2.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.53 from a trend line in the daily time frame.
- Support @1.49 from a trend line in the weekly time frame.
- Support @0.99 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.52 to 2.53. 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WRN is up. |
| ChartMill Relative Strength | 96.69 | POSITIVE | WRN has a high relative strength, it outperformed 96.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WRN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WRN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WRN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.3 | NEUTRAL | The RSI value for WRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests WRN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.73 | OVERBOUGHT | The high Stochastics value suggests WRN may be overbought. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for WRN suggests high volalility. |
| Average Directional Index/ADX (14) | 26.44 | POSITIVE | The high ADX value value for WRN suggests a strong trend. |
2.47
-0.04 (-1.59%)
WESTERN COPPER AND GOLD CORP / WRN FAQ
What is the technical rating for WRN stock?
ChartMill assigns a technical rating of 10 / 10 to WRN.
Can you provide the trend direction for WESTERN COPPER AND GOLD CORP?
The current trend direction for WESTERN COPPER AND GOLD CORP (WRN) is Bullish.
Can you provide the RSI signal for WESTERN COPPER AND GOLD CORP?
WESTERN COPPER AND GOLD CORP (WRN) has an RSI value of 63.2965. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WESTERN COPPER AND GOLD CORP?
The MACD indicator for WESTERN COPPER AND GOLD CORP (WRN) has a value of 0.0265146, indicating a bearish trend.
What are the support and resistance levels for WESTERN COPPER AND GOLD CORP (WRN) stock?
WESTERN COPPER AND GOLD CORP (WRN) has a support level at 2.18 and a resistance level at 2.52. Check the full technical report for our detailed analysis of WRN support and resistance levels.