WPM Wheaton Precious Metals Corp. Common Stock
Wheaton Precious Metals Corp. Common Stock (WPM) trend channel, buy level and 3-month target on Trade The Path. Sector: Energy. Listed on NYSE. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.
Broken out above, rising this year inside a falling 0.7417282004693049-year channel
Price has closed above the channel. The fitted trend may no longer describe this stock.
The next few months are read from the last 12 months, not the last 9 months: that channel fits this stock's recent turns at least as well (54% against 57%) and it is the one price is respecting now. The last 9 months stay as context: falling, −11% a year. A stock can be falling inside a channel that still rises over years; that is what this is, and only one of the two can be the near-term expectation. Price is above both fitted ceilings, so there is no line overhead to break — and no fitted resistance to price the target against either. What would overturn this: a close below US$96.35 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.
- 9 months read from
- US$96.32 – US$106.96 Falling channel, −11% a year
- Position in that channel
- 470% above the ceiling of it — 0% is the floor, 100% the ceiling
What broke this trend
- The fall
- -37% from US$165.062 Mar 2026 → 20 July 2026
- Whose problem it was
- Its sector5 of 7 Gold and Silver Ores peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 77%of what it lost
- What the record says
- 94% of 15 comparable falls came back, typically in 42 days measured on its own peer group
The trend broke in March 2026: price fell 37% from 165.06 to 103.41 by July 2026, and has regained 77% of that fall since. It was not this company alone: 5 of 7 Gold and Silver Ores peers fell as far within weeks of it, so the fall was the sector repricing rather than news about this business. The wire that week: “Here's How Much $100 Invested In Wheaton Precious Metals 20 Years Ago Would Be Worth Today”. Falls like it have resolved: falls of about 37% here have come back to the old high 94% of the time (15 comparable falls), typically in 42 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 168.60 within 21 days, reached 94% of the time in 15 comparable falls — about 0.56% a day held.
The buy and sell prices below are priced off this recovery rather than off the channel: it is the better expected return per day held once each is charged for the odds of working.
Reported at the time: Here's How Much $100 Invested In Wheaton Precious Metals 20 Years Ago Would Be Worth Today — 2 Mar 2026
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$146.64
last close · 16 Sept 2026
Channel buy is US$150.73; last close is the better price available now.
Our target
US$168.60
by 5 Oct 2026
Projected move
15.0%
gross, before costs
Last close is our buy — the best price available now.
The trend broke in March 2026: price fell 37% from 165.06 to 103.41 by July 2026, and has regained 77% of that fall since. It was not this company alone: 5 of 7 Gold and Silver Ores peers fell as far within weeks of it, so the fall was the sector repricing rather than news about this business. The wire that week: “Here's How Much $100 Invested In Wheaton Precious Metals 20 Years Ago Would Be Worth Today”. Falls like it have resolved: falls of about 37% here have come back to the old high 94% of the time (15 comparable falls), typically in 42 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 168.60 within 21 days, reached 94% of the time in 15 comparable falls — about 0.56% a day held. The entry is today's price, not a dip level: the fall is behind it and the evidence measured is what these recoveries paid from here, so waiting for a lower entry would be waiting for something the record does not say is coming. Of 15 comparable falls in Gold and Silver Ores, 94% were back at the old high within 42 days of the low, and the ones that got there gave up about 9% along the way — so expect to be underwater before it works. The target is the median level they regained, which is short of the old high of 165.06 because not all of them saw it again. It is a prediction and it is revised the same way any other is: if price loses its 50-day trend and stays below it, the recovery is treated as failed rather than delayed.
- Upper line touches
- 3
- Lower line touches
- 3
- Fit confidence
- 57%
- Fitted
- 14 Sept 2026
Company information
Fundamentals are not available for this instrument from the current data provider.
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.