Stock Trend Analysis Report
Prepared for you on Saturday, June 10, 2023.
WEST RED LAKE GOLD MINES LTD (NASDAQ:WRLGF)
Sidelines Mode (-50) - WRLGF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until WRLGF can gain momentum.
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.
MarketClub’s Trade Triangles for WRLGF
The long-term trend has been UP since Feb 6th, 2023 at 0.1997
The intermediate-term trend has been DOWN since May 16th, 2023 at 0.5100
The short-term trend has been DOWN since Jun 8th, 2023 at 0.5037
Smart Scan Analysis for WRLGF
Based on our trend formula, WRLGF is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.7486||52wk High Date||2023-04-20|
|52wk Low||0.1997||52wk Low Date||2023-02-01|