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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
WEST RED LAKE GOLD MINES LTD (NASDAQ:WRLGF)
Sidelines Mode (-55) - WRLGF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid WRLGF?
MarketClub looks at technical strength and momentum to determine if the timing is right for WRLGF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for WRLGF
The long-term trend has been UP since Sep 18th, 2023 at 0.58530
The intermediate-term trend has been DOWN since Apr 30th, 2024 at 0.60703
The short-term trend has been UP since Apr 26th, 2024 at 0.69160
Smart Scan Analysis for WRLGF
Based on our trend formula, WRLGF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.57505 | 0.60410 | 0.55290 | 0.55800 | -0.02200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.55800 | 407624 | 2024-05-07 16:00:00 |
| 52wk High | 0.75 | 52wk High Date | 2024-04-12 |
| 52wk Low | 0.30955 | 52wk Low Date | 2023-09-07 |
| Average Volume | 467,176 |