ISHARES MSCI WORLD ENERGY SE (WENE.AS) Stock Technical Analysis
Europe - Euronext Amsterdam - AMS:WENE - IE000MELAE65 - ETF
We assign a technical rating of 7 out of 10 to WENE. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, WENE is only an average performer.
Although WENE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
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5.42
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.59 to 5.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.47 to 5.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.75 to 5.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.95 to 5.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.12 from a horizontal 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 | UP | POSITIVE | The long term trend for WENE.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WENE.AS is up. |
| ChartMill Relative Strength | 60.04 | NEUTRAL | WENE.AS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of WENE.AS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of WENE.AS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of WENE.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.37 | NEUTRAL | The RSI value for WENE.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests WENE.AS has a positive trend. |
| Stochastics (14,3) | 81.38 | OVERBOUGHT | The high Stochastics value suggests WENE.AS may be overbought. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for WENE.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 20.71 | NEUTRAL | The ADX value for WENE.AS suggests a possible start of a new trend. |
AMS:WENE (12/18/2025, 7:00:00 PM)
5.7157
-0.26 (-4.37%)
ISHARES MSCI WORLD ENERGY SE / WENE.AS FAQ
Can you provide the ChartMill technical rating for ISHARES MSCI WORLD ENERGY SE?
ChartMill assigns a technical rating of 7 / 10 to WENE.AS.
What is the trend direction for WENE stock?
The current trend direction for ISHARES MSCI WORLD ENERGY SE (WENE.AS) is Bullish.
What is the RSI signal for WENE stock?
ISHARES MSCI WORLD ENERGY SE (WENE.AS) has an RSI value of 64.3702. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ISHARES MSCI WORLD ENERGY SE?
The short term momentum for ISHARES MSCI WORLD ENERGY SE (WENE.AS) is positive.
Can you provide the support and resistance levels for ISHARES MSCI WORLD ENERGY SE?
ISHARES MSCI WORLD ENERGY SE (WENE.AS) has a support level at 5.97 and a resistance level at 5.99. Check the full technical report for our detailed analysis of WENE.AS support and resistance levels.