GLOBAL X CANADIAN OIL AND GA (ENCC.CA) Stock Technical Analysis
TSX:ENCC - Toronto Stock Exchange - CA37964B1013 - ETF - Currency: CAD
We assign a technical rating of 3 out of 10 to ENCC. In the past year, ENCC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
73% of all other stocks performed better in the past year than ENCC.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ENCC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ENCC is lagging the market slightly.
In the last month ENCC has a been trading in a tight range between 10.16 and 10.59.
ENCC has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.27
11.91
We found 1 important support area.
- A support zone ranging from 10.37 to 10.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- Resistance @10.72 from a trend line in the daily time frame.
- A resistance zone ranging from 11.08 to 11.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.40 from a horizontal line in the daily time frame.
- A resistance zone ranging from 11.73 to 11.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for ENCC.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENCC.CA is up. |
| ChartMill Relative Strength | 27.38 | NEGATIVE | ENCC.CA has a low relative strength, it was outperformed by 72.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENCC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ENCC.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENCC.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.13 | NEUTRAL | The RSI value for ENCC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ENCC.CA has a positive trend. |
| Stochastics (14,3) | 91.58 | OVERBOUGHT | The high Stochastics value suggests ENCC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for ENCC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.1 | NEGATIVE | The low ADX value for ENCC.CA suggests a weak or negative trend. |
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)
TSX:ENCC (6/12/2025, 7:00:00 PM)
10.59
+0.07 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.67%
1 Week2.42%
2 Weeks1.73%
1 Month2.12%
3 Month0.14%
6 Month-2.67%
12 Month-2.75%
2 Year0.57%
3 Year-9.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.06%
ATR Inc-4.35%
Range Today0.11
ADR(20)0.1
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.38
Mansfield-0.72
10 Day High10.59
10 Day Low10.16
20 Day High10.59
20 Day Low10.16
52 Week High11.79
52 Week Low8.95
CS1 End10.55
CR1 Start10.72
Volume & EV
DER(3)-0.26%
DER(5)-0.51%
Volume76.87K
Volume Incr-11.81%
Vol(5)86.53K
Vol(50)116.42K