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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
WESTGOLD RESOURCES LTD (TSE:WGX)
Sidelines Mode (+55) - WGX 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 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.
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MarketClub’s Trade Triangles for WGX
The long-term trend has been UP since Oct 18th, 2024 at 2.800
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 2.585
The short-term trend has been UP since Nov 18th, 2024 at 2.550
Smart Scan Analysis for WGX
Based on our trend formula, WGX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.52 | 2.53 | 2.48 | 2.52 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.53 | 152718 | 2024-11-19 15:59:36 |