Technical Analysis for WGX - Westgold Resources Ltd  

Grade Last Price % Change Price Change
B 2.860 1.78% 0.050
WGX closed up 1.78 percent on Friday, November 22, 2024, on 71 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Earnings Movers Other 0.00%
Outside Day Range Expansion 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
50 DMA Resistance Bearish 1.78%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.78%
Up 3 Days in a Row Strength 1.78%

   Recent Intraday Alerts

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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

Indicators

Indicator Value
52 Week High 3.36
52 Week Low 1.7841
Average Volume 6,614,607
200-Day Moving Average 2.532
50-Day Moving Average 2.837
20-Day Moving Average 2.942
10-Day Moving Average 2.777
Average True Range 0.120
RSI (14) 48.72
ADX 23.71
+DI 18.527
-DI 27.506
Chandelier Exit (Long, 3 ATRs) 2.969
Chandelier Exit (Short, 3 ATRs) 3.026
Upper Bollinger Bands 3.329
Lower Bollinger Band 2.555
Percent B (%b) 0.39
BandWidth 26.322
MACD Line -0.044
MACD Signal Line -0.023
MACD Histogram -0.0209
Fundamentals Value
Market Cap 1.21 Billion
Num Shares 424 Million
EPS 0.09
Price-to-Earnings (P/E) Ratio 33.26
Price-to-Sales 1.84
Price-to-Book 1.84
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.995
Resistance 3 (R3) 2.983 2.927 2.973
Resistance 2 (R2) 2.927 2.892 2.933 2.965
Resistance 1 (R1) 2.893 2.871 2.910 2.905 2.957
Pivot Point 2.837 2.837 2.845 2.843 2.837
Support 1 (S1) 2.803 2.802 2.820 2.815 2.763
Support 2 (S2) 2.747 2.781 2.753 2.755
Support 3 (S3) 2.713 2.747 2.748
Support 4 (S4) 2.725