WESTERN ENERGY SERVICES CORP (WRG.CA) Technical Analysis
TSX:WRG • CA9581596009
Current stock price
WRG.CA Technical Rating and Analysis
Taking everything into account, WRG scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WRG is only an average performer.
- Warning: WRG has an average volume of 5012 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that WRG is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- WRG is part of the Energy Equipment & Services industry. There are 27 other stocks in this industry, WRG did better than 50% of them.
- WRG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WRG is lagging the market.
- In the last month WRG has a been trading in the 2.56 - 3.25 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.
WRG.CA Weekly and Daily overview Charts
WRG.CA Setup Rating and Analysis
Besides having an excellent technical rating, WRG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.84, a Stop Loss order could be placed below this zone.
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WRG.CA Support and Resistance Analysis
1.99
We found 4 important support areas.
- A support zone ranging from 2.78 to 2.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.12 from a trend line in the daily time frame.
- A support zone ranging from 2.05 to 2.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.01 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @3.10 from a trend line in the daily time frame.
- A resistance zone ranging from 3.18 to 3.27. This zone is formed by a combination of multiple trend lines in the weekly time frame.
WRG.CA 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 WRG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WRG.CA is up. |
| ChartMill Relative Strength | 76.97 | POSITIVE | WRG.CA has a high relative strength, it outperformed 76.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WRG.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WRG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WRG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.81 | NEUTRAL | The RSI value for WRG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests WRG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.54 | NEUTRAL | The Stochastics value for WRG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for WRG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.81 | NEGATIVE | The low ADX value for WRG.CA suggests a weak or negative trend. |
WRG.CA Chart- and CandleStick Pattern Analysis
WRG.CA 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.11 | 2.78 | 0.33 (10.61%) | 9.42% |
| An entry @3.11. This is a Buy Stop order right above the resistance zone. | An exit @2.78. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.33 points, which is 10.61%. | When investing 9.42% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
WRG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:WRG (4/17/2026, 7:00:00 PM)
3.04
-0.05 (-1.62%)
WESTERN ENERGY SERVICES CORP / WRG.CA TA FAQ
What is the ChartMill technical rating of WESTERN ENERGY SERVICES CORP (WRG.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to WRG.CA.
What is the trend direction for WRG stock?
The current trend direction for WESTERN ENERGY SERVICES CORP (WRG.CA) is Bullish.
What is the RSI signal for WESTERN ENERGY SERVICES CORP (WRG.CA) stock?
WESTERN ENERGY SERVICES CORP (WRG.CA) has an RSI value of 52.8126. This indicates that the stock is currently neutral.
What is the buy/sell signal for WRG stock?
The buy/sell signal for WESTERN ENERGY SERVICES CORP (WRG.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for WESTERN ENERGY SERVICES CORP?
WESTERN ENERGY SERVICES CORP (WRG.CA) has a support level at 2.84 and a resistance level at 3.1. Check the full technical report for our detailed analysis of WRG.CA support and resistance levels.