Technical Analysis for WGX - Westgold Resources Ltd  

Grade Last Price % Change Price Change
A 1.985 -2.22% -0.045
WGX closed down 2.22 percent on Tuesday, January 25, 2022, on 1.11 times normal volume. It was able to find support at its 50 day moving average.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Up
Historical WGX trend table...

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Spinning Top Other 0.00%
Outside Day Range Expansion 0.00%
50 DMA Support Bullish -2.22%
Stochastic Reached Overbought Strength -2.22%
Overbought Stochastic Strength -2.22%
MACD Bullish Centerline Cross Bullish -2.70%
Upper Bollinger Band Touch Strength -2.70%
Crossed Above 200 DMA Bullish -1.73%
Older End-of-Day Signals for WGX ...

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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 2.42
52 Week Low 1.575
Average Volume 1,321,361
200-Day Moving Average 1.946
50-Day Moving Average 1.983
20-Day Moving Average 1.952
10-Day Moving Average 1.954
Average True Range 0.075
ADX 15.94
+DI 23.311
-DI 15.068
Chandelier Exit (Long, 3 ATRs) 1.844
Chandelier Exit (Short, 3 ATRs) 2.051
Upper Bollinger Bands 2.069
Lower Bollinger Band 1.836
Percent B (%b) 0.64
BandWidth 11.924
MACD Line 0.009
MACD Signal Line -0.003
MACD Histogram 0.0127
Fundamentals Value
Market Cap 841.35 Million
Num Shares 424 Million
EPS 0.09
Price-to-Earnings (P/E) Ratio 23.08
Price-to-Sales 1.84
Price-to-Book 1.84
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.150
Resistance 3 (R3) 2.157 2.108 2.123
Resistance 2 (R2) 2.108 2.066 2.105 2.113
Resistance 1 (R1) 2.047 2.040 2.023 2.040 2.104
Pivot Point 1.998 1.998 1.986 1.995 1.998
Support 1 (S1) 1.937 1.956 1.913 1.930 1.866
Support 2 (S2) 1.888 1.930 1.885 1.857
Support 3 (S3) 1.827 1.888 1.848
Support 4 (S4) 1.820