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WAGA ENERGY SA (WAGA.PA) Stock Technical Analysis

EPA:WAGA - Euronext Paris - Matif - FR0012532810 - Common Stock - Currency: EUR

21.775  +0.13 (+0.58%)

Technical Rating and Analysis

8

Overall WAGA gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WAGA is showing a nice and steady performance.

Warning: WAGA has an average volume of 21264 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 however is also trading near new highs, which makes the performance in line with 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 21.65 and 21.95.
Weekly and Daily overview Charts
WAGA ENERGY SA / WAGA Weekly stock chart
WAGA ENERGY SA / WAGA Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, WAGA also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 21.64, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

21.38

22.67

We found 1 important support area.

  • A support zone ranging from 21.60 to 21.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 21.78 to 22.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for WAGA.PA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for WAGA.PA is up.
ChartMill Relative Strength95.21POSITIVEWAGA.PA has a high relative strength, it outperformed 95.21% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of WAGA.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of WAGA.PA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of WAGA.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)61.42NEUTRALThe RSI value for WAGA.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.19NEGATIVEThe MACD value suggests WAGA.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)35.56NEUTRALThe Stochastics value for WAGA.PA is a neutral value.
Average True Range in percent/ATR (20)0.59LOW VOLATILITYThe low ATR as a percentage value for WAGA.PA suggests low volalility.
Average Directional Index/ADX (14)63.01POSITIVEThe high ADX value value for WAGA.PA 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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
21.9621.640.32 (1.46%)25.00%
An entry @21.96. This is a Buy Stop order right above the 10 day high.An exit @21.64. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.32 points, which is 1.46%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.36%.

  • 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.
WAGA ENERGY SA / WAGA Daily stock chart

WAGA ENERGY SA

EPA:WAGA (7/23/2025, 5:27:45 PM)

21.775

+0.13 (+0.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.58%
1 Week-0.23%
2 Weeks-0.46%
1 Month-0.69%
3 Month58.96%
6 Month45.89%
12 Month35.31%
2 Year-24.04%
3 Year-37.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.59%
ATR Inc118.75%
Range Today0.15
ADR(20)0.12
ADR(20)%0.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.21
Mansfield2.56
10 Day High21.95
10 Day Low21.65
20 Day High21.95
20 Day Low21.65
52 Week High22.7
52 Week Low8.01
CS1 End21.64
CR1 Start21.75
Volume & EV
DER(3)-1.13%
DER(5)-0.74%
Volume23.38K
Volume Incr159.42%
Vol(5)30.98K
Vol(50)21.26K