GBL X EN CA OIL&GAS EQ C ETF (ENCL.CA) Stock Technical Analysis
TSX:ENCL - Toronto Stock Exchange - CA37963B1022 - ETF - Currency: CAD
We assign a technical rating of 3 out of 10 to ENCL. In the past year, ENCL 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.
When comparing the yearly performance of all stocks, ENCL is a bad performer in the overall market: 73% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ENCL has a been trading in the 17.44 - 18.76 range, which is quite wide. It is currently trading near the high of this range.
ENCL 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 ENCL is lagging the market slightly.
The technical rating of ENCL is bad and it also does not present a quality setup 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
17.25
21.50
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.94 to 18.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.42 to 17.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 4 important resistance areas.
- Resistance @18.60 from a trend line in the daily time frame.
- Resistance @19.05 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.57 to 19.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 21.10 to 21.29. 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 ENCL.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENCL.CA is up. |
| ChartMill Relative Strength | 27.88 | NEGATIVE | ENCL.CA has a low relative strength, it was outperformed by 72.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENCL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ENCL.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ENCL.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.55 | NEUTRAL | The RSI value for ENCL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ENCL.CA has a positive trend. |
| Stochastics (14,3) | 94.31 | OVERBOUGHT | The high Stochastics value suggests ENCL.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for ENCL.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.26 | NEGATIVE | The low ADX value for ENCL.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:ENCL (6/13/2025, 7:00:00 PM)
18.6
+0.24 (+1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.31%
1 Week3.74%
2 Weeks6.23%
1 Month3.91%
3 Month1.14%
6 Month-2.92%
12 Month-3.93%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.3%
ATR Inc30.53%
Range Today0.28
ADR(20)0.2
ADR(20)%1.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.88
Mansfield-0.63
10 Day High18.76
10 Day Low17.58
20 Day High18.76
20 Day Low17.44
52 Week High21.18
52 Week Low14.9
CS1 End18.07
CR1 Start18.6
Volume & EV
DER(3)13.41%
DER(5)8.84%
Volume114.08K
Volume Incr56.24%
Vol(5)78.55K
Vol(50)75.86K