WEG S.A. technical analysis
Technical analysis of WEG S.A. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is WEG S.A.
WEG S.A. is a Brazilian industrial company founded in 1961 that manufactures and sells capital goods including electric motors, generators, transformers, reducers, hydraulic and steam turbines, frequency converters, and industrial automation devices. The company also provides solutions for renewable and distributed energy generation, electric traction systems for heavy vehicles and naval transport, as well as products for industrial applications such as electrical substations, industrial electronic systems, and technical paints. It operates internationally with headquarters in Jaraguá do Sul, Brazil.
Description generated automatically from public sources; it may be inaccurate or out of date.
WEG S.A.: latest session data
Closing values for October 16, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
50.68
−5.31%
50 sessions
50.06
−4.13%
200 sessions
47.69
+0.63%
Session levels
s2
48.22
Support
s1
48.66
Support
pivot
49.52
Pivot
r1
49.96
Resistance
r2
50.82
Resistance
How to read it
In the October 16, 2026 session WEG S.A. closed lower at 47.99 , −2.24% versus the previous session.
The price sits mixed against its moving averages: −5.31% against the 21-session average, −4.13% against the 50 and +0.63% against the 200.
The 14-period RSI reads 35.8, in neutral territory.
MACD stands at -0.146 against a signal line at 0.186: the histogram is negative (−0.333).
ADX reads 19.4, indicating weak directionality.
Levels computed on the latest session place supports at 48.66 and 48.22 and resistances at 49.96 and 50.82 , around a pivot of 49.52.
The average daily range (ATR) is 1.334 , or 2.78% of price.
Turnover was 9.9M shares, 93% of the 20-session average.
Over the last twelve months the price ranged between 41.11 and 52.88 , and today stands −9.25% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the WEGE3.SA analysis.
How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about WEG S.A.
How is WEG S.A. analysed technically?
Technical analysis of WEG S.A. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for WEG S.A.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to WEG S.A.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to WEG S.A. it helps frame the technical structure of the historical chart and is not a forecast.
Other tickers to analyse
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
Are you an issuer and want a correction or removal? Write to info@montbon.com.