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    Technical Analysis for WGX - Westgold Resources Ltd  

    Grade Last Price % Change Price Change
    D 2.150 -4.44% -0.100
    WGX closed down 4.44 percent on Wednesday, April 24, 2024, on 88 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
    Earnings due: May 2
    *** please verify all earnings dates ***
    4 Watchers
    Watchlist Portfolio

    Trend Table & Recent EOD Trading Signals

    ADX Long Term Intermediate Term Short Term
    Weak or Absent Up Down Down
    Historical WGX trend table...
    Date Alert Name Type % Chg
    Fell Below 50 DMA Bearish 0.00%
    Outside Day Range Expansion 0.00%
    Wide Bands Range Expansion 0.00%
    Narrow Range Bar Range Contraction -4.44%
    Inside Day Range Contraction -4.44%
    Wide Bands Range Expansion -4.44%
    Fell Below 20 DMA Bearish -4.44%
    Wide Bands Range Expansion -4.44%
    Crossed Above 20 DMA Bullish -8.12%
    Crossed Above 50 DMA Bullish -8.12%
    Older End-of-Day Signals for WGX ...

       Recent Intraday Alerts

    Alert Time
    Down 3% about 14 hours ago
    Fell Below 10 DMA about 14 hours ago
    Down 2% about 14 hours ago
    Fell Below 50 DMA about 14 hours ago
    Down 1% about 17 hours ago
    View Earlier Intraday Alerts

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    WGX Chart by TradingView
    Basic chart:

    Profile

    Westgold Resources Limited is engaged in exploration for minerals. The Company’s focus is on development and production from its projects, the Central Murchison Gold Project (CMGP) in Western Australia and the Rover Project in the Northern Territory, which contain a combined 3.92 million ounce Gold Equivalent Joint Ore Reserves Committee (JORC) resource base. The projects are located within two geological provinces that have historical combined production in excess of 10 million ounces of gold. The CMGP is located south of Cue in Western Australia where the Company holds 313 kilometer square of predominantly granted mining tenements. The Rover Project consists of 1,172 square kilometres of contiguous granted tenements. In October 2012, Metals X Ltd merged with the Company.
    Classification
    Sector: Basic Materials
    Industry: Gold
    Keywords: Exploration Mining Gold Metal Minerals Metals Goldfields Esperance Vale Mg Joint Ore Reserves Committee

    Is WGX a Buy, Sell or Hold?

    Indicator Bull Case Neutral / Hold Bear Case
    50 DMA
    200 DMA
    ADX Trend
    Oversold / Overbought
    Relative Strength
    Counts: 1 bullish, 2 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.

    Recent News

    Date Title
    Apr 9 Westgold Resources Limited's (ASX:WGX) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
    Apr 8 UPDATE 1-Australia's Westgold to buy Karora Resources in $808 mln deal
    Apr 8 KARORA RESOURCES ANNOUNCES MERGER TRANSACTION WITH WESTGOLD RESOURCES
    Mar 11 Institutional investors control 70% of Westgold Resources Limited (ASX:WGX) and were rewarded last week after stock increased 12%
    Jan 8 OTC Markets Group Welcomes Westgold Resources Limited to OTCQX
    Jan 8 While shareholders of Westgold Resources (ASX:WGX) are in the black over 5 years, those who bought a week ago aren't so fortunate
    Dec 7 Clean Energy and Precious Metals Virtual Investor Conference: Presentations Now Available for Online Viewing
    Nov 30 Clean Energy and Precious Metals Virtual Investor Conference Agenda Announced for December 4th- December 6th, 2023
    Nov 30 Westgold Resources to Present at the Clean Energy and Precious Metals Virtual Investor Conference December 6th
    See more WGX news...

    Comments

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    Indicators

    Indicator Value
    52 Week High 2.77
    52 Week Low 1.3297
    Average Volume 4,535,070
    200-Day Moving Average 1.953
    50-Day Moving Average 2.218
    20-Day Moving Average 2.290
    10-Day Moving Average 2.180
    Average True Range 0.113
    RSI (14) 44.44
    ADX 20.46
    +DI 30.598
    -DI 30.895
    Chandelier Exit (Long, 3 ATRs) 2.431
    Chandelier Exit (Short, 3 ATRs) 2.369
    Upper Bollinger Bands 2.654
    Lower Bollinger Band 1.925
    Percent B (%b) 0.31
    BandWidth 31.858
    MACD Line -0.028
    MACD Signal Line -0.019
    MACD Histogram -0.0089
    Fundamentals Value
    Market Cap 911.29 Million
    Num Shares 424 Million
    EPS 0.09
    Price-to-Earnings (P/E) Ratio 25.00
    Price-to-Sales 1.84
    Price-to-Book 1.84
    Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
    Resistance 4 (R4) 2.345
    Resistance 3 (R3) 2.367 2.323 2.313
    Resistance 2 (R2) 2.323 2.274 2.313 2.302
    Resistance 1 (R1) 2.237 2.243 2.215 2.215 2.291
    Pivot Point 2.193 2.193 2.183 2.183 2.193
    Support 1 (S1) 2.107 2.144 2.085 2.085 2.009
    Support 2 (S2) 2.063 2.113 2.053 1.998
    Support 3 (S3) 1.977 2.063 1.988
    Support 4 (S4) 1.955