West Texas Resources Stock Forecast

Sell candidate since Jun 18, 2026 Gain 11.78%

No changes to the price of West Texas Resources, Inc. stock on the last trading day (Tuesday, 23rd Jun 2026). During the last trading day the stock fluctuated 0% from a day low at $0.213 to a day high of $0.213. The price has risen in 5 of the last 10 days and is up by 23.84% over the past 2 weeks.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.198 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 80.91% during the next 3 months and, with a 90% probability hold a price between $0.359 and $0.95 at the end of this 3-month period.

WTXR Signals & Forecast

There are few to no technical positive signals at the moment. The West Texas Resources, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $0.245 and $0.237. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 20, 2026, and so far it has fallen -52.02%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for West Texas Resources, Inc. stock

On the downside, the stock finds support just below today's level from accumulated volume at $0.191 and $0.172. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $0.172 may give a huge drop in the stock price.

This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 14.85%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (WTXR) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect West Texas Resources, Inc. to open at $0.213, and during the day (based on 14 day Average True Range), to move between $0.191 and $0.235, which gives a possible trading interval of +/-$0.0445 (+/-23.32%) up or down from last closing price. If West Texas Resources, Inc. takes out the full calculated possible swing range there will be an estimated 23.32% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.191 (10.54%) than the resistance at $0.250 (17.37%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is West Texas Resources, Inc. stock A Buy?

The West Texas Resources, Inc. stock holds several negative signals and despite the positive trend, we believe West Texas Resources, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -4.241 Sell Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on June 24, 2026 - $0.213 ( 0%).

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