Technical Analysis for WMG - Western Magnesium Corp

Grade Last Price % Change Price Change
F 0.110 0.00% 0.000
WMG closed unchanged on Wednesday, March 8, 2023, on 1 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong N/A N/A Down

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Narrow Range Bar Range Contraction -4.35%
20 DMA Resistance Bearish 4.76%
Fell Below 20 DMA Bearish 0.00%
Boomer Buy Setup Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
20 DMA Support Bullish -12.00%
Crossed Above 20 DMA Bullish -8.33%

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Profile

Western Magnesium Corp Description

Western Magnesium Corporation engages in the exploration and development of mineral properties in the United States. The company primarily explores for magnesium deposits. It holds a 100% interest in the Tami Mosi mining claim that consists of 81 unpatented mining claims covering an area of approximately 1,673 acres; four unpatented lode mining claims covering an area of approximately 10 acres located in the Moor Mining District in Elco County, Nevada; and the Silverado mining claim, which consists of three patented mining claims covering an area of approximately 296 acres located in the Pinto mining district of Nevada. The company was formerly known as Nevada Clean Magnesium Inc. and changed its name to Western Magnesium Corporation in May 2019. Western Magnesium Corporation was incorporated in 1966 and is headquartered in McLean, United States.Western Magnesium Corporation operates as a subsidiary of Phibro Animal Health Corporation.


Classification

Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Keywords: Mining Unpatented Mining Claims Unpatented Lode Mining Claims Magnesium

Is WMG 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 0.145
52 Week Low 0.085
Average Volume 90,129
200-Day Moving Average 0.000
50-Day Moving Average 0.000
20-Day Moving Average 0.119
10-Day Moving Average 0.113
Average True Range 0.010
RSI (14) 0.00
ADX 33.09
+DI 28.653
-DI 22.636
Chandelier Exit (Long, 3 ATRs) 0.115
Chandelier Exit (Short, 3 ATRs) 0.120
Upper Bollinger Bands 0.136
Lower Bollinger Band 0.101
Percent B (%b) 0.26
BandWidth 30.211
MACD Line 0.004
MACD Signal Line 0.006
MACD Histogram -0.0026
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.118
Resistance 3 (R3) 0.118 0.117 0.116
Resistance 2 (R2) 0.117 0.115 0.116 0.116
Resistance 1 (R1) 0.113 0.114 0.113 0.113 0.115
Pivot Point 0.112 0.112 0.111 0.111 0.112
Support 1 (S1) 0.108 0.110 0.108 0.108 0.105
Support 2 (S2) 0.107 0.109 0.106 0.104
Support 3 (S3) 0.103 0.107 0.104
Support 4 (S4) 0.103