WHEATON PRECIOUS METALS CORP

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	WPM
ISIN:	CA9628791027

WHEATON PRECIOUS METALS CORP - Daily - Technical analysis published on 03/07/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : NEUTRAL

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bearish

Technical indicators

50%

17%

33%

My opinion

Neutral between 42.62 USD and 45.98 USD

My targets

My analysis

The short-term increase on WHEATON PRECIOUS METALS CORP remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 45.98 USD. The first support is located at 42.62 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by PawelBodytko. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The WHEATON PRECIOUS METALS CORP price is 44.62 USD. On the day, this instrument gained +1.78% and was traded between 44.20 USD and 44.70 USD over the period. The price is currently at +0.95% from its lowest and -0.18% from its highest.

44.20

44.70

44.62

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of WHEATON PRECIOUS METALS CORP in Daily shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Moving Average bearish crossovers : MA50 & MA100

Type : Bearish

Timeframe : Daily

The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	40.72	42.62	44.49	44.62	45.98	47.13	48.04
Change (%)	-8.74%	-4.48%	-0.29%	-	+3.05%	+5.63%	+7.66%
Change	-3.90	-2.00	-0.13	-	+1.36	+2.51	+3.42
Level	Major	Major	Major	-	Major	Major	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	42.14	42.62	43.23	43.71	44.32	44.80	45.41
Camarilla	43.54	43.64	43.74	43.84	43.94	44.04	44.14
Woodie	42.21	42.65	43.30	43.74	44.39	44.83	45.48
Fibonacci	42.62	43.04	43.29	43.71	44.13	44.38	44.80

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	35.44	37.00	39.49	41.05	43.54	45.10	47.59
Camarilla	40.86	41.23	41.60	41.97	42.34	42.71	43.08
Woodie	35.90	37.23	39.95	41.28	44.00	45.33	48.05
Fibonacci	37.00	38.55	39.51	41.05	42.60	43.56	45.10

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.08	32.82	37.01	42.75	46.94	52.68	56.87
Camarilla	38.46	39.37	40.28	41.19	42.10	43.01	43.92
Woodie	26.30	32.43	36.23	42.36	46.16	52.29	56.09
Fibonacci	32.82	36.62	38.96	42.75	46.55	48.89	52.68

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	52.29
MACD (12,26,9):	-1.0700
Directional Movement:	3.53
AROON (14):	-28.57
DEMA (21):	41.27
Parabolic SAR (0,02-0,02-0,2):	39.12
Elder Ray (13):	1.35
Super Trend (3,10):	39.69
Zig ZAG (10):	43.84
VORTEX (21):	0.8200
Stochastique (14,3,5):	71.56
TEMA (21):	41.13
Williams %R (14):	-16.88
Chande Momentum Oscillator (20):	-0.57
Repulse (5,40,3):	1.1200
ROCnROLL:	-1
TRIX (15,9):	-0.4800
Courbe Coppock:	13.10

MA7:	41.68
MA20:	42.71
MA50:	45.70
MA100:	45.63
MAexp7:	42.29
MAexp20:	42.84
MAexp50:	44.51
MAexp100:	45.02
Price / MA7:	+7.05%
Price / MA20:	+4.47%
Price / MA50:	-2.36%
Price / MA100:	-2.21%
Price / MAexp7:	+5.51%
Price / MAexp20:	+4.15%
Price / MAexp50:	+0.25%
Price / MAexp100:	-0.89%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on WHEATON PRECIOUS METALS CORP at the time of the generation of this analysis was as follows:

Edison issues outlook on Wheaton Precious Metals (WPM)

This member declared not having a position on this financial instrument or a related financial instrument.

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