Technical Analysis for WMC - Wiluna Mining Corporation Ltd

Grade Last Price % Change Price Change
F 0.565 0.89% 0.005
WMC closed up 0.89 percent on Friday, May 6, 2022, on 3.29 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Down Down Down

Date Alert Name Type % Chg
Volume Surge Other 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 0.89%
Volume Surge Other 0.89%
Lower Bollinger Band Walk Weakness 0.89%
New 52 Week Low Weakness 0.89%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 1% 11 days ago
New 52 Week Low 11 days ago
Possible Inside Day 11 days ago
Gap Up Closed 11 days ago
Reversed from Up 11 days ago

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Profile

Wiluna Mining Corporation Ltd Description

Wiluna Mining Corporation Limited, formerly Blackham Resources Limited, is engaged in mineral exploration and development. The Company is engaged in Western Australian exploration activities. The Company is engaged in open pit mining and underground mine development at the Matilda Gold Project, and intends to produce gold bar from its approximately 1.7 Metric Tons Per Annum (Mtpa) Wiluna gold plant. The Matilda Gold Project incorporates over 780 square kilometers of tenements, including Regent and the Matilda and Williamson Gold Mines. These tenements cover approximately 45 kilometers of strike along the Wiluna Mine Sequence and approximately 10 kilometers of strike along the Coles Find Sequence. The Williamson deposit is situated on the Wiluna Mine Sequence covering approximately six kilometers of strike with multiple mineralized structures. Williamson is approximately 26 kilometers to the Wiluna Gold Plant and over 10 kilometers from the Matilda Mine by haul roads.


Classification

Sector: Basic Materials
Industry: Gold
Keywords: Mining Wiluna Open Pit Mining Wiluna Gold Mine

Is WMC 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 1.225
52 Week Low 0.55
Average Volume 217,807
200-Day Moving Average 1.007
50-Day Moving Average 0.887
20-Day Moving Average 0.802
10-Day Moving Average 0.702
Average True Range 0.043
RSI 17.36
ADX 50.13
+DI 5.662
-DI 49.849
Chandelier Exit (Long, 3 ATRs) 0.807
Chandelier Exit (Short, 3 ATRs) 0.678
Upper Bollinger Bands 1.049
Lower Bollinger Band 0.554
Percent B (%b) 0.02
BandWidth 61.809
MACD Line -0.087
MACD Signal Line -0.058
MACD Histogram -0.029
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.640
Resistance 3 (R3) 0.643 0.622 0.628
Resistance 2 (R2) 0.622 0.603 0.620 0.623
Resistance 1 (R1) 0.593 0.591 0.583 0.590 0.619
Pivot Point 0.572 0.572 0.566 0.570 0.572
Support 1 (S1) 0.543 0.553 0.533 0.540 0.511
Support 2 (S2) 0.522 0.541 0.520 0.507
Support 3 (S3) 0.493 0.522 0.503
Support 4 (S4) 0.490