Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, October 15, 2024.

WESTGOLD RESOURCES LTD (TSE:WGX)

Countertrend Down (-85) - WGX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid WGX?

MarketClub looks at technical strength and momentum to determine if the timing is right for WGX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_WGX
Open High Low WGX Price Change
2.350 2.400 2.350 2.375 +0.045
Entry Signal

MarketClub’s Trade Triangles for WGX

long term down The long-term trend has been DOWN since Oct 2nd, 2024 at 2.37

intermediate term down The intermediate-term trend has been DOWN since Sep 3rd, 2024 at 2.54

short term up The short-term trend has been UP since Oct 10th, 2024 at 2.27

Smart Scan Analysis for WGX

Based on our trend formula, WGX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for WGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.350 2.400 2.350 2.375 +0.045
Prev. Close Volume Bid Ask Time
2.370 215524 2024-10-11 15:59:18
Get a free daily analysis and signals for WESTGOLD RESOURCES LTD (WGX) - Request Your Free Report.