VAALCO ENERGY INC (EGY) Stock Technical Analysis
NYSE:EGY - New York Stock Exchange, Inc. - US91851C2017 - Common Stock - Currency: USD
Overall EGY gets a technical rating of 2 out of 10. EGY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, EGY is a bad performer in the overall market: 92% of all stocks are doing better.
EGY is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 85% of 210 stocks in the same industry do better.
EGY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EGY has a been trading in the 3.54 - 4.01 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
EGY has an average volume of 1022630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EGY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
3.06
4.02
We found 1 important support area.
- A support zone ranging from 3.09 to 3.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.87 to 3.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for EGY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EGY is down. |
| ChartMill Relative Strength | 8.44 | NEGATIVE | EGY has a low relative strength, it was outperformed by 91.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EGY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of EGY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EGY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.22 | NEUTRAL | The RSI value for EGY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests EGY has a negative trend. |
| Stochastics (14,3) | 8.51 | OVERSOLD | The low Stochastics value suggests EGY may be oversold. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for EGY suggests some volalility. |
| Average Directional Index/ADX (14) | 19.88 | NEGATIVE | The low ADX value for EGY suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.55
-0.06 (-1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.66%
1 Week-9.21%
2 Weeks-8.51%
1 Month-9.44%
3 Month2.01%
6 Month-21.63%
12 Month-47.56%
2 Year-20.22%
3 Year-40.13%
5 Year208.7%
10 Year168.94%
15 Year-40.54%
Volatility
ATR(14)0.15
ATR(20)%4.1%
ATR Inc-21.87%
Range Today0.12
ADR(20)0.14
ADR(20)%4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.44
Mansfield-2.98
10 Day High4.01
10 Day Low3.54
20 Day High4.01
20 Day Low3.54
52 Week High7.43
52 Week Low3
CS1 End3.1
CR1 Start3.87
Volume & EV
DER(3)-1.45%
DER(5)-3.63%
Volume1.06M
Volume Incr5.81%
Vol(5)1.00M
Vol(50)1.02M