Overall EGY gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EGY is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
EGY is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry. EGY outperforms 70% of them.
EGY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EGY is lagging the market slightly.
EGY has an average volume of 1109370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, EGY did better than 79% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month EGY has a been trading in the 3.60 - 5.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

More info and screens

Technical Analysis Relative Strength ChartMill Trend Indicator Simple Moving Average Show peers with best TA rating

Weekly and Daily overview Charts

VAALCO ENERGY INC / EGY Weekly stock chart

VAALCO ENERGY INC / EGY Daily stock chart

Setup Rating and Analysis

Although EGY has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

More info and screens

ChartMill Technical Ratings Pocket Pivots Bull Flags Show peers with best setup rating

Support and Resistance Analysis

3.39

5.28

When analyzing the support we can see 5 important areas.

A support zone ranging from 4.62 to 4.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 3.91 to 3.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Support @3.65 from a trend line in the daily time frame.
Support @3.49 from a trend line in the weekly time frame.
A support zone ranging from 3.42 to 3.43. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 5.15 to 5.23. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info and screens

What is Support and Resistance Support and Resistance indicators Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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	UP	POSITIVE	The long term trend for EGY is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for EGY is up.
ChartMill Relative Strength	79.61	POSITIVE	EGY has a high relative strength, it outperformed 79.61% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of EGY is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of EGY is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of EGY is above the rising SMA(200).
Relative Strength Index/RSI (14)	59.14	NEUTRAL	The RSI value for EGY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests EGY has a negative trend.
Stochastics (14,3)	50.92	NEUTRAL	The Stochastics value for EGY is a neutral value.
Average True Range in percent/ATR (20)	5.52	HIGH VOLATILITY	The high ATR as a percentage value for EGY suggests high volalility.
Average Directional Index/ADX (14)	46.2	POSITIVE	The high ADX value value for EGY suggests a strong trend.

Chart- and CandleStick Pattern Analysis

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)

More info

Bullish Engulfing Bearish Engulfing Bullish Harami Bullish Hammer Gravestone Doji Dragonfly Doji Shooting Star Dark Cloud Cover Bull Flags Ascending Triangle Descending Triangle Symmetrical Triangle Rising Wedge Falling Wedge Double Bottom Ascending Channel Descending Channel Double Top Squeeze Plays

VAALCO ENERGY INC

NYSE:EGY (2/6/2026, 5:28:42 PM)

After market: 4.73 -0.11 (-2.27%)

4.84

+0.21 (+4.54%)

Chartmill TA Rating

Chartmill Setup Rating

Sector

GICS SectorEnergy

GICS IndustryOil, Gas & Consumable Fuels

Performance

% Chg4.54%

1 Week-5.84%

2 Weeks1.89%

1 Month34.07%

3 Month23.47%

6 Month29.07%

12 Month18.05%

2 Year8.52%

3 Year3.2%

5 Year47.56%

10 Year356.6%

15 Year-39.65%

Volatility

ATR(14)0.27

ATR(20)%5.52%

ATR Inc80.14%

Range Today0.31

ADR(20)0.25

ADR(20)%5.18%

Trend & SMA

ST Trend

LT Trend

SMA(5)

SMA(10)

SMA(20)

SMA(50)

SMA(100)

SMA(200)

Relative Strength & Ranges

CRS79.61

3 months CRS88.43

6 months CRS84.5

Mansfield1.51

10 Day High5.38

10 Day Low4.55

20 Day High5.38

20 Day Low3.6

52 Week High5.38

52 Week Low3

CS1 End4.64

CR1 Start5.15

Volume & EV

DER(3)-7.99%

DER(5)-6.31%

Volume1.20M

Volume Incr-2.59%

Vol(5)1.31M

Vol(50)1.11M

VAALCO ENERGY INC / EGY FAQ

What is the technical rating for EGY stock?

ChartMill assigns a technical rating of 8 / 10 to EGY.

Can you provide the trend direction for VAALCO ENERGY INC?

The current trend direction for VAALCO ENERGY INC (EGY) is Bullish.

What is the RSI signal for VAALCO ENERGY INC (EGY) stock?

VAALCO ENERGY INC (EGY) has an RSI value of 59.1415. This indicates that the stock is currently neutral.

What is the MACD signal for EGY stock?

The MACD indicator for VAALCO ENERGY INC (EGY) has a value of -0.0193818, indicating a bearish trend.

What is the support and resistance level for EGY stock?

VAALCO ENERGY INC (EGY) has a support level at 4.64 and a resistance level at 5.15. Check the full technical report for our detailed analysis of EGY support and resistance levels.