VAALCO ENERGY (Germany) Technical Analysis

VAW Stock  EUR 6.09  0.12  1.93%   
As of the 24th of April, VAALCO ENERGY owns the Market Risk Adjusted Performance of 6.17, mean deviation of 2.4, and Standard Deviation of 3.38. Compared to fundamental indicators, the technical analysis model makes it possible for you to check helpful technical drivers of VAALCO ENERGY, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We are able to interpolate and break down nineteen technical drivers for VAALCO ENERGY, which can be compared to its peers in the sector. Please validate VAALCO ENERGY coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if VAALCO ENERGY is priced fairly, providing market reflects its prevailing price of 6.09 per share.

VAALCO ENERGY Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as VAALCO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VAALCO
  
VAALCO ENERGY's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
VAALCO ENERGY technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of VAALCO ENERGY technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of VAALCO ENERGY trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

VAALCO ENERGY Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of VAALCO ENERGY volatility. High ATR values indicate high volatility, and low values indicate low volatility.

VAALCO ENERGY Trend Analysis

Use this graph to draw trend lines for VAALCO ENERGY. You can use it to identify possible trend reversals for VAALCO ENERGY as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual VAALCO ENERGY price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

VAALCO ENERGY Best Fit Change Line

The following chart estimates an ordinary least squares regression model for VAALCO ENERGY applied against its price change over selected period. The best fit line has a slop of   0.06  , which means VAALCO ENERGY will continue generating value for investors. It has 122 observation points and a regression sum of squares at 128.98, which is the sum of squared deviations for the predicted VAALCO ENERGY price change compared to its average price change.

About VAALCO ENERGY Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of VAALCO ENERGY on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of VAALCO ENERGY based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on VAALCO ENERGY price pattern first instead of the macroeconomic environment surrounding VAALCO ENERGY. By analyzing VAALCO ENERGY's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of VAALCO ENERGY's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to VAALCO ENERGY specific price patterns or momentum indicators. Please read more on our technical analysis page.

VAALCO ENERGY April 24, 2024 Technical Indicators

Most technical analysis of VAALCO help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for VAALCO from various momentum indicators to cycle indicators. When you analyze VAALCO charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether VAALCO ENERGY offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of VAALCO ENERGY's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vaalco Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vaalco Energy Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VAALCO ENERGY. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade VAALCO Stock refer to our How to Trade VAALCO Stock guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for VAALCO Stock analysis

When running VAALCO ENERGY's price analysis, check to measure VAALCO ENERGY's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VAALCO ENERGY is operating at the current time. Most of VAALCO ENERGY's value examination focuses on studying past and present price action to predict the probability of VAALCO ENERGY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VAALCO ENERGY's price. Additionally, you may evaluate how the addition of VAALCO ENERGY to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between VAALCO ENERGY's value and its price as these two are different measures arrived at by different means. Investors typically determine if VAALCO ENERGY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VAALCO ENERGY's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.