Technical Analysis for EGY - Vaalco Energy Inc

Grade Last Price % Change Price Change
C 6.05 -4.12% -0.26
EGY closed down 4.12 percent on Wednesday, May 8, 2024, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Stochastic Reached Oversold Weakness 0.00%
Earnings Movers Other 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Earnings Movers Other -4.12%
Oversold Stochastic Weakness -4.12%
MACD Bearish Centerline Cross Bearish -4.57%
NR7 Range Contraction -4.57%

   Recent Intraday Alerts

Alert Time
Fell Below 50 DMA about 9 hours ago
50 DMA Support about 10 hours ago
Down 1 ATR about 10 hours ago
Down 3% about 11 hours ago
60 Minute Opening Range Breakdown about 12 hours ago

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Profile

Vaalco Energy Inc Description

VAALCO Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and natural gas. The company owns producing properties and conducts exploration activities as an operator of consortiums internationally in Gabon and Angola, as well as conducts exploration activities as a non-operator in the British North Sea and Equatorial Guinea, West Africa. It also acts as the operator of unconventional and conventional resource properties in the United States, located in Montana, South Dakota, and North Texas; and owns minor interests in conventional production activities as a non-operator. The company owns a 30.35% interest in the exploration acreage within the Etame Marin block; 28.1% interest in the development areas in and surrounding the Etame, Avouma, South Tchibala, and Ebouri fields; a 50% working interest in Mutamba Iroru block with an exploration area of approximately 270,000 acres located onshore near the coast in central Gabon; and a 40% working interest in Block 5 with approximately 1.4 million acres offshore, Angola. In addition, it owns a 31% working interest in Block P located offshore Equatorial Guinea; 640 and 480 acre leases in the Granite Wash formation in North Texas; a 70% working interest in approximately 5,200 acres in Sheridan County, Montana; a 65% working interest in approximately 22,000 gross acres in Roosevelt County, Montana; and a 100% working interest in approximately 10,000 acres in Harding County, South Dakota. VAALCO Energy, Inc. was founded in 1984 and is headquartered in Houston, Texas.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Natural Gas Crude Oil

Is EGY a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 7.505
52 Week Low 3.4047
Average Volume 1,364,039
200-Day Moving Average 4.74
50-Day Moving Average 6.10
20-Day Moving Average 6.54
10-Day Moving Average 6.33
Average True Range 0.24
RSI (14) 40.12
ADX 25.26
+DI 19.90
-DI 28.27
Chandelier Exit (Long, 3 ATRs) 6.65
Chandelier Exit (Short, 3 ATRs) 6.76
Upper Bollinger Bands 7.10
Lower Bollinger Band 5.97
Percent B (%b) 0.07
BandWidth 17.21
MACD Line -0.04
MACD Signal Line 0.05
MACD Histogram -0.0945
Fundamentals Value
Market Cap 636.21 Million
Num Shares 105 Million
EPS 0.31
Price-to-Earnings (P/E) Ratio 19.52
Price-to-Sales 1.11
Price-to-Book 0.99
PEG Ratio 2.62
Dividend 0.22
Dividend Yield 3.64%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.68
Resistance 3 (R3) 6.74 6.60 6.58
Resistance 2 (R2) 6.60 6.44 6.57 6.54
Resistance 1 (R1) 6.32 6.34 6.25 6.26 6.50
Pivot Point 6.18 6.18 6.14 6.15 6.18
Support 1 (S1) 5.90 6.02 5.83 5.84 5.60
Support 2 (S2) 5.76 5.92 5.73 5.56
Support 3 (S3) 5.48 5.76 5.53
Support 4 (S4) 5.42