WESTERN ENERGY SERVICES CORP (WRG.CA) Technical Analysis
TSX:WRG • CA9581596009
Current stock price
WRG.CA Technical Rating and Analysis
Overall WRG gets a technical rating of 9 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, WRG is showing a nice and steady performance.
- Warning: WRG has an average volume of 5038 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.
- WRG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so WRG is performing more or less in line with the market.
- When comparing the yearly performance of all stocks, we notice that WRG is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- WRG is part of the Energy Equipment & Services industry. There are 27 other stocks in this industry, WRG did better than 46% of them.
- In the last month WRG has a been trading in the 2.40 - 3.68 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
Although WRG has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
WRG.CA Support and Resistance Analysis
1.99
5 important support areas can be observed.
- Support @2.83 from a trend line in the daily time frame.
- A support zone ranging from 2.70 to 2.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.64 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.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.18 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 3.25 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 | 81.8 | POSITIVE | WRG.CA has a high relative strength, it outperformed 81.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WRG.CA is above 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) | 60.9 | 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) | 53.67 | NEUTRAL | The Stochastics value for WRG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.2 | HIGH VOLATILITY | The high ATR as a percentage value for WRG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for WRG.CA suggests a possible start of a new trend. |
WRG.CA Chart- and CandleStick Pattern Analysis
WRG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:WRG (3/23/2026, 7:00:00 PM)
3.13
-0.01 (-0.32%)
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 9 / 10 to WRG.CA.
What is the current trend direction of WESTERN ENERGY SERVICES CORP (WRG.CA) stock?
The current trend direction for WESTERN ENERGY SERVICES CORP (WRG.CA) is Bullish.
What is the RSI signal for WRG stock?
WESTERN ENERGY SERVICES CORP (WRG.CA) has an RSI value of 60.8963. 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 -0.00687476, indicating a bearish trend.
Can you provide the support and resistance levels for WESTERN ENERGY SERVICES CORP?
WESTERN ENERGY SERVICES CORP (WRG.CA) has a support level at 2.83 and a resistance level at 3.18. Check the full technical report for our detailed analysis of WRG.CA support and resistance levels.