WESTERN COPPER AND GOLD CORP (WRN) Technical Analysis
NYSEARCA:WRN • CA95805V1085
Current stock price
WRN Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to WRN. Although WRN 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 WRN has a been trading in the 2.26 - 3.50 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, WRN did better than 92% of all other stocks. On top of that, WRN also shows a nice and consistent pattern of rising prices.
- WRN is one of the better performing stocks in the Metals & Mining industry, it outperforms 70% of 157 stocks in the same industry.
- WRN has an average volume of 2194910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- 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 Weekly and Daily overview Charts
WRN Setup Rating and Analysis
WRN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
WRN Support and Resistance Analysis
2.30
When analyzing the resistance we notice one important area.
- Resistance @3.04 from a trend line in the daily time frame.
WRN 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 WRN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WRN is down. |
| ChartMill Relative Strength | 92.5 | POSITIVE | WRN has a high relative strength, it outperformed 92.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WRN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WRN is below a declining 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) | 31.5 | NEUTRAL | The RSI value for WRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests WRN has a negative trend. |
| Stochastics (14,3) | 5.93 | OVERSOLD | The low Stochastics value suggests WRN may be oversold. |
| Average True Range in percent/ATR (20) | 9.26 | HIGH VOLATILITY | The high ATR as a percentage value for WRN suggests high volalility. |
| Average Directional Index/ADX (14) | 22.2 | NEUTRAL | The ADX value for WRN suggests a possible start of a new trend. |
WRN Chart- and CandleStick Pattern Analysis
WRN Technicals: Chart, Performance Metrics, Trend & Indicators
2.32
-0.05 (-2.11%)
WESTERN COPPER AND GOLD CORP / WRN TA FAQ
What is the technical rating for WRN stock?
ChartMill assigns a technical rating of 4 / 10 to WRN.
What is the trend direction for WRN stock?
The current trend direction for WESTERN COPPER AND GOLD CORP (WRN) is Bearish.
Can you provide the RSI signal for WESTERN COPPER AND GOLD CORP?
WESTERN COPPER AND GOLD CORP (WRN) has an RSI value of 31.5037. This indicates that the stock is currently neutral.
What is the short term momentum for WRN stock?
The short term momentum for WESTERN COPPER AND GOLD CORP (WRN) is negative.