WAGA ENERGY SA (WAGA.PA) Stock Technical Analysis
EPA:WAGA - Euronext Paris - Matif - FR0012532810 - Common Stock - Currency: EUR
Overall WAGA gets a technical rating of 8 out of 10. Both in the recent history as in the last year, WAGA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: WAGA has an average volume of 25521 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
WAGA is part of the Oil, Gas & Consumable Fuels industry. There are 61 other stocks in this industry. WAGA outperforms 95% of them.
WAGA is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so WAGA is leading the market.
WAGA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, WAGA did better than 95% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month WAGA has a been trading in a tight range between 21.25 and 22.00.
WAGA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 21.54, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
21.24
22.67
We found 1 important support area.
- A support zone ranging from 21.45 to 21.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 21.60 to 22.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.45 to 22.45. 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 | UP | POSITIVE | The long term trend for WAGA.PA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WAGA.PA is up. |
| ChartMill Relative Strength | 95.39 | POSITIVE | WAGA.PA has a high relative strength, it outperformed 95.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WAGA.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WAGA.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WAGA.PA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.97 | NEUTRAL | The RSI value for WAGA.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests WAGA.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for WAGA.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.79 | LOW VOLATILITY | The low ATR as a percentage value for WAGA.PA suggests low volalility. |
| Average Directional Index/ADX (14) | 50.91 | POSITIVE | The high ADX value value for WAGA.PA suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.62 | 21.44 | 0.18 (0.83%) | 25.00% |
| An entry @21.62. This is a Buy Stop order right above the 10 day moving average. | An exit @21.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.18 points, which is 0.83%. | For a 0.21% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of WAGA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EPA:WAGA (8/1/2025, 7:00:00 PM)
21.55
+0.05 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.23%
1 Week-0.23%
2 Weeks-0.92%
1 Month-1.37%
3 Month56.61%
6 Month41.4%
12 Month35.88%
2 Year-23.17%
3 Year-30.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%0.79%
ATR Inc-48.15%
Range Today0.1
ADR(20)0.17
ADR(20)%0.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.39
Mansfield2.61
10 Day High22
10 Day Low21.25
20 Day High22
20 Day Low21.25
52 Week High22.7
52 Week Low8.01
CS1 End21.54
CR1 Start21.6
Volume & EV
DER(3)0.6%
DER(5)0.46%
Volume142.39K
Volume Incr160.85%
Vol(5)50.67K
Vol(50)25.52K