WPM technical analysis
WPM Technical Analysis
Analysis date
July 17, 2026
Market
NYSE (USD)
Daily cutoff
July 16, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
WPM Data Verification
Cross-validating the latest completed daily bar across independent sources.
- Symbol
- WPM
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- July 16, 2026
No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.
| Source | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Yahoo Finance Chart API (primary) | 68.45 | July 16, 2026 | - | Verified |
| Finviz (independent) | 68.45 | July 16, 2026 (previous close) | 0.00% | Verified |
Bottom line
WPM Technical Analysis Summary
WPM (Wheaton Precious Metals) presents a mixed technical picture as of mid-July 2026. On the daily chart, price at 68.45 trades above SMA20 (66.28) and SMA50 (64.91) but remains below SMA200 (69.82), reflecting a short-term bullish recovery within a longer-term neutral-to-bearish structure. RSI14 at 54.27 sits above the 50 midline, indicating mildly bullish momentum without overbought conditions. The daily MACD is positive with the MACD line at 0.45 above the signal line at 0.31 and a histogram at 0.14, confirming gradual bullish momentum. The weekly timeframe shows price at 67.89 below SMA20 (69.15) and SMA50 (70.44), but SMA200 (62.38) provides a structural floor. Weekly RSI at 51.33 suggests neutral momentum. Gold and silver price movements remain the primary external driver for WPM, given its streaming and royalty business model.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (July 16, 2026)
- Trend
- Improving but incomplete. Price at 68.45 is above SMA20 (66.28, +3.27%) and SMA50 (64.91, +5.45%) but below SMA200 (69.82, -1.96%). SMA20 and SMA50 are sloping upward while SMA200 continues to drift sideways to slightly down, producing a potential golden-cross setup if the rally continues. The short-term trend is bullish, but the long-term picture remains neutral.
- Momentum
- Mildly bullish. RSI14 at 54.27 is above the 50 midline, indicating modest bullish momentum without overbought concerns. MACD line at 0.45 is above the signal line at 0.31 with a histogram at 0.14 — a sustained positive configuration that has been building over the past several weeks. Momentum is supportive of the current uptrend but not emphatic.
- Volatility
- Moderate. ATR14 at 1.52 (2.22% of price) suggests average daily movement of about 2.2%. Bollinger Bands (63.89 to 70.51) show price near the upper band, consistent with the recent upward move. Band width is moderate, indicating normal volatility conditions for a precious metals streaming stock.
- Volume
- Slightly below average. Latest volume of 3,245,600 is 78.4% of the 20-period average (4,139,200), indicating moderate participation. Volume has been steady but lacks the conviction spike typically associated with major breakouts.
Assessment
The daily chart shows a constructive short-term uptrend with price above both SMA20 and SMA50. The MACD remains positively configured and RSI suggests room for further upside. However, SMA200 at 69.82 acts as a significant overhead resistance level, and volume has been below average during the rally. A decisive move above SMA200 would shift the outlook decisively bullish. For now, the daily view is cautiously optimistic within a neutral long-term context.
Weekly (July 13, 2026 week)
- Trend
- Neutral with a slight bearish lean. Price at 67.89 is below SMA20 (69.15) and SMA50 (70.44), indicating the medium-term trend has not yet turned bullish. However, SMA200 at 62.38 provides a solid floor, and price has held above this level throughout recent pullbacks, confirming the structural uptrend from a multi-year perspective remains intact.
- Momentum
- Neutral. RSI14 at 51.33 is just above the 50 midline, indicating a lack of strong directional conviction at the weekly level. MACD line at 0.12 is slightly above the signal line at 0.08 with a minimal histogram of 0.04, reflecting a weak bullish bias. Momentum has been oscillating around neutral over the past several months.
- Volatility
- Moderate. ATR14 at 2.88 (4.24% of price) reflects typical weekly ranges for a precious metals royalty stock. Bollinger Bands (61.42 to 73.89) are moderately wide, with the lower band near the SMA200 level acting as support.
- Volume
- Near average. Weekly volume of 18,432,000 is 91.7% of the 20-week average (20,101,200), indicating normal participation levels for the sector.
Assessment
The weekly chart reflects a stock in a transitional phase. While price has pulled back from the highs above 75, it has held above the key SMA200 level at 62.38. The RSI near 50 suggests equilibrium between buyers and sellers. WPM is closely correlated with gold and silver prices, and the weekly technical picture will likely be resolved by the direction of precious metals markets. A weekly close above SMA20 (69.15) would be a constructive first step, while a close below 62.38 would raise concerns about a deeper correction.
Key indicators
WPM Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 54.27 | 51.33 |
| MACD (12, 26, 9) | 0.45 / 0.31 / 0.14 | 0.12 / 0.08 / 0.04 |
| ATR (14) | 1.52 (2.22%) | 2.88 (4.24%) |
| Bollinger Bands (20, 2) | 63.89 - 70.51 | 61.42 - 73.89 |
| SMA (20) | 66.28 | 69.15 |
| SMA (50) | 64.91 | 70.44 |
| SMA (200) | 69.82 | 62.38 |
Price structure
WPM Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 68.45 | 67.89 |
| 1-Period Return | +0.72% | +1.15% |
| 5-Period Return | +2.91% | +3.42% |
| 20-Period Return | +5.38% | +4.67% |
| 60-Period Return | +8.14% | -2.31% |
| 252-Period Return | +3.76% | -1.94% |
| 52-Week Low | 52.15 | 52.15 |
| 52-Week High | 78.93 | 78.93 |
| 52-Week Position | 51.34% | 49.88% |
Key levels
WPM Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 70.51 | 73.89 |
| 20-Period Low | 63.89 | 61.42 |
| 60-Period High | 74.12 | 78.93 |
| 60-Period Low | 58.76 | 52.15 |
Scenarios
WPM Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks above SMA200 (69.82) on the daily chart with expanding volume, establishing a clear uptrend. A close above the 60-day high at 74.12 would confirm the breakout.
Invalidation
Price falls back below SMA50 (64.91) and breaks the 20-day low at 63.89.
What to watch
Daily RSI holding above 55; MACD histogram continuing to expand; weekly RSI above 50 sustained; volume increasing on break attempts; gold and silver price action for sector confirmation.
Range-Bound
Trigger
Price oscillates between SMA200 resistance (69.82) and SMA50 support (64.91) with no clear directional bias, reflecting the broader precious metals market indecision.
Invalidation
A decisive break above 69.82 or below 63.89 with increasing volume.
What to watch
RSI staying between 45 and 60; MACD histogram fluctuating around zero; volume remaining near average levels; gold price range between $2,300 and $2,500.
Bearish
Trigger
Price fails to hold above SMA50 (64.91) and breaks below the 20-day low at 63.89, potentially revisiting the 52-week low at 52.15.
Invalidation
Price reclaims and holds above SMA20 (66.28) and establishes a higher low above 63.89.
What to watch
Daily RSI falling below 50; MACD histogram turning negative; volume increasing on down days; weekly SMA200 at 62.38 as the last major support before a deeper correction.
Methodology
Methodology and Limitations
This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 16, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 13, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 16, 2026, weekly July 13, 2026 week. Generated July 17, 2026.
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