WAGA ENERGY SA (WAGA.PA) Technical Analysis

EPA:WAGA • FR0012532810

23.5 EUR
-0.1 (-0.42%)
Last: Mar 9, 2026, 07:00 PM
Technical Rating and Analysis

7

Taking everything into account, WAGA scores 7 out of 10 in our technical rating. In the last year, WAGA was one of the better performers, but we do observe some doubts in the very recent evolution.

  • Warning: WAGA has an average volume of 7329 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
  • The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
  • WAGA is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 84% of 83 stocks in the same industry.
  • 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.
  • Looking at the yearly performance, WAGA did better than 94% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
  • In the last month WAGA has a been trading in the 21.30 - 23.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
  • Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
WAGA ENERGY SA / WAGA Weekly stock chart
WAGA ENERGY SA / WAGA Daily stock chart
Setup Rating and Analysis

8

WAGA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 22.69, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

21.24

23.94

We found 2 important support areas.

  • A support zone ranging from 22.45 to 23.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 21.45 to 21.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • Resistance @23.70 from a horizontal line in the weekly time frame.
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 IndicatorNEUTRALNEUTRALThe short term trend for WAGA.PA is neutral.
ChartMill Relative Strength94.93POSITIVEWAGA.PA has a high relative strength, it outperformed 94.93% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of WAGA.PA is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of WAGA.PA is above a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of WAGA.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)49.69NEUTRALThe RSI value for WAGA.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.12POSITIVEThe MACD value suggests WAGA.PA has a positive trend, although the MACD value is declining.
Stochastics (14,3)79.74NEUTRALThe Stochastics value for WAGA.PA is a neutral value.
Average True Range in percent/ATR (20)3.2MEDIUM VOLATILITYThe ATR as a percentage value for WAGA.PA suggests some volalility.
Average Directional Index/ADX (14)19.39NEGATIVEThe low ADX value for WAGA.PA suggests a weak or negative 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
23.7122.441.27 (5.36%)18.67%
An entry @23.71. This is a Buy Stop order right above the resistance zone.An exit @22.44. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.27 points, which is 5.36%.When investing 18.67% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.

WAGA.PA Technicals: Chart, Performance Metrics, Trend & Indicators

WAGA ENERGY SA / WAGA Daily stock chart

WAGA ENERGY SA

EPA:WAGA (3/9/2026, 7:00:00 PM)

23.5

-0.1 (-0.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.42%
1 Week-0.66%
2 Weeks3.18%
1 Month2.95%
3 Month5.09%
6 Month5.58%
12 Month83.06%
2 Year42.77%
3 Year-7.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%3.2%
ATR Inc-5.24%
Range Today1.15
ADR(20)0.68
ADR(20)%2.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.93
3 months CRS72.15
6 months CRS58.39
Mansfield0.56
10 Day High23.85
10 Day Low21.3
20 Day High23.85
20 Day Low21.3
52 Week High24.5
52 Week Low8.01
CS1 End22.69
CR1 Start23.7
Volume & EV
DER(3)0.16%
DER(5)0.14%
Volume1.43K
Volume Incr-21.48%
Vol(5)1.83K
Vol(50)7.33K

WAGA ENERGY SA / WAGA.PA FAQ

Can you provide the ChartMill technical rating for WAGA ENERGY SA?

ChartMill assigns a technical rating of 7 / 10 to WAGA.PA.


What is the trend direction for WAGA stock?

The current trend direction for WAGA ENERGY SA (WAGA.PA) is Bullish.


What is the RSI signal for WAGA ENERGY SA (WAGA.PA) stock?

WAGA ENERGY SA (WAGA.PA) has an RSI value of 49.6855. This indicates that the stock is currently neutral.


Can you provide the short term momentum for WAGA ENERGY SA?

The short term momentum for WAGA ENERGY SA (WAGA.PA) is neutral.


What is the support and resistance level for WAGA stock?

WAGA ENERGY SA (WAGA.PA) has a support level at 22.69 and a resistance level at 23.7. Check the full technical report for our detailed analysis of WAGA.PA support and resistance levels.