WESTERN ENERGY SERVICES CORP (WRG.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:WRG - CA9581596009 - Common Stock
Overall WRG gets a technical rating of 1 out of 10. WRG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, WRG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.05, a Stop Loss order could be placed below this zone.
More info and screens
1.98
We found 1 important support area.
- A support zone ranging from 2.00 to 2.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.07 to 2.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.33 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.38 to 2.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.63 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for WRG.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WRG.CA is down. |
| ChartMill Relative Strength | 14.32 | NEGATIVE | WRG.CA has a low relative strength, it was outperformed by 85.68% 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) | DOWN | NEGATIVE | The current price of WRG.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WRG.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.26 | NEUTRAL | The RSI value for WRG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WRG.CA has a negative trend. |
| Stochastics (14,3) | 26.67 | NEUTRAL | The Stochastics value for WRG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for WRG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 8.27 | NEGATIVE | The low ADX value for WRG.CA suggests a weak or negative trend. |
TSX:WRG (11/21/2025, 7:00:00 PM)
2.07
0 (0%)
WESTERN ENERGY SERVICES CORP / WRG.CA FAQ
What is the ChartMill technical rating of WESTERN ENERGY SERVICES CORP (WRG.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to WRG.CA.
Can you provide the trend direction for WESTERN ENERGY SERVICES CORP?
The current trend direction for WESTERN ENERGY SERVICES CORP (WRG.CA) is Bearish.
What is the RSI signal for WRG stock?
WESTERN ENERGY SERVICES CORP (WRG.CA) has an RSI value of 47.2645. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WESTERN ENERGY SERVICES CORP?
The MACD indicator for WESTERN ENERGY SERVICES CORP (WRG.CA) has a value of -0.0052261, indicating a bearish trend.
What is the buy/sell signal for WRG stock?
The buy/sell signal for WESTERN ENERGY SERVICES CORP (WRG.CA) is sell as both the short term and long term trends are negative.