WESTERN ENERGY SERVICES CORP (WRG.CA) Stock Technical Analysis
TSX:WRG - Toronto Stock Exchange - CA9581596009 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to WRG. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, WRG is a bad performer in the overall market: 83% of all stocks are doing better.
WRG is one of the lesser performing stocks in the Energy Equipment & Services industry. 74% of 28 stocks in the same industry do better.
WRG is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so WRG is lagging the market.
In the last month WRG has a been trading in the 2.34 - 2.75 range, which is quite wide. It is currently trading near the lows of this range.
Warning: WRG has an average volume of 3941 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days.
WRG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.31
3.84
When analyzing the support we notice one important area.
- A support zone ranging from 2.33 to 2.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 2.61 to 2.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.02 from a trend line in the weekly time frame.
- Resistance @3.09 from a horizontal line in the daily time frame.
- Resistance @3.18 from a horizontal line in the daily time frame.
- Resistance @3.80 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.83
Mansfield-1.95
10 Day High2.52
10 Day Low2.34
20 Day High2.75
20 Day Low2.34
52 Week High3.31
52 Week Low2.34
Performance
1 Week-1.27%
2 Weeks-9.3%
1 Month-15.52%
3 Month-13.01%
6 Month-19.59%
12 Month-21.21%
2 Year-20.14%
3 Year-90.49%
5 Year-90.25%
10 Year-99.69%
15 Year-99.98%
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)40.98
LBB2.27
UBB2.63
TSX:WRG (3/3/2025, 7:00:00 PM)
2.34
-0.01 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.43%
1 Week-1.27%
2 Weeks-9.3%
1 Month-15.52%
3 Month-13.01%
6 Month-19.59%
12 Month-21.21%
2 Year-20.14%
3 Year-90.49%
5 Year-90.25%
10 Year-99.69%
15 Year-99.98%
Volatility
ATR(14)0.08
ATR(20)%3.74%
ATR Inc-39.25%
Range Today0.06
ADR(20)0.05
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.83
Mansfield-1.95
10 Day High2.52
10 Day Low2.34
20 Day High2.75
20 Day Low2.34
52 Week High3.31
52 Week Low2.34
CS1 End2.33
CR1 Start2.61
Volume & EV
DER(3)1.32%
DER(5)1.19%
Volume15.78K
Volume Incr27.38%
Vol(5)7.31K
Vol(50)3.94K