WESTERN COPPER AND GOLD CORP (WRN) Stock Technical Analysis
NYSEARCA:WRN - CA95805V1085 - Common Stock
1.51 USD
+0.02 (+1.34%)
1.54 USD
+0.03 (+1.99%)
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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that WRN is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, WRN also shows a nice and consistent pattern of rising prices.
WRN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WRN is lagging the market slightly.
In the last month WRN has a been trading in the 1.20 - 1.58 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
WRN is an average performer in the Metals & Mining industry, it outperforms 45% of 155 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although WRN has an excellent technical rating, it 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
0.98
1.53
We found 3 important support areas.
- A support zone ranging from 1.28 to 1.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.22 from a horizontal line in the daily time frame.
- Support @0.99 from a horizontal line in the weekly time frame.
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 | 84.26 | POSITIVE | WRN has a high relative strength, it outperformed 84.26% 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) | 69.34 | NEUTRAL | The RSI value for WRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests WRN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.14 | NEUTRAL | The Stochastics value for WRN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for WRN suggests some volalility. |
| Average Directional Index/ADX (14) | 30.92 | POSITIVE | The high ADX value value for WRN suggests a strong 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)
1.51
+0.02 (+1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.34%
1 Week6.34%
2 Weeks18.9%
1 Month20.8%
3 Month22.27%
6 Month48.04%
12 Month34.82%
2 Year10.62%
3 Year18.9%
5 Year24.79%
10 Year403.33%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%4.25%
ATR Inc-11.83%
Range Today0.05
ADR(20)0.06
ADR(20)%4.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.26
Mansfield1.83
10 Day High1.58
10 Day Low1.27
20 Day High1.58
20 Day Low1.2
52 Week High1.58
52 Week Low0.9
CS1 End1.32
CR1 StartN/A
Volume & EV
DER(3)-7.99%
DER(5)-2.43%
Volume207.20K
Volume Incr33.92%
Vol(5)544.46K
Vol(50)398.62K