Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Wesdome Gold Mines Ltd.

WDO.TO Technical Analysis Summary (TSX)

Analyze WDO.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

WDO.TO●TSX
Basic MaterialsGold
$26.14
$0.31(1.20%)
Canadian Market opens in 17h 55m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

WDO.TO Technical Analysis Summary (TSX)

Wesdome Gold Mines Ltd. (TSX: WDO.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 51.58)
Trend Strength:Weak (ADX: 10.34)
Volatility:Medium (ATR: 1.29)
Support/Resistance:$23.69 – $27.95 (Bollinger Bands)

Technical conditions suggest Wesdome Gold Mines Ltd. on the TSX is awaiting a decisive move. Overall, Wesdome Gold Mines Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 51.58

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 51.88

Neutral
Mid-range signal with no clear trend.

Williams %R: -45.27

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -5.13

Strongly Bearish
Sharp downside momentum.

Takeaway:Wesdome Gold Mines Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 10.34

Weak
Weak trend, market trading sideways.

ATR (14): 1.29

Low
Low volatility, stable price action.

CCI (14): 38.84

Bullish
Bullish, momentum building upward.

Takeaway:Wesdome Gold Mines Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$27.95
Middle Band (SMA 20)
$25.82
Lower Band
$23.69
Current Position
Within Bands

Takeaway:Wesdome Gold Mines Ltd. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$28.34
Middle Line (EMA 20)
$25.76
Lower Channel
$23.17
Squeeze Status
Squeeze On

Takeaway:Wesdome Gold Mines Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-2.91M
Money Flow Index31.07Bearish, selling pressure outweighs inflows.
Relative Vigor Index40.52Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:WDO.TO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Wesdome Gold Mines Ltd. (TSX: WDO.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Wesdome Gold Mines Ltd. shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(TSX: WDO.TO) Technical Analysis FAQ