Logo image of ESI.CA

ENSIGN ENERGY SERVICES INC (ESI.CA) Stock Technical Analysis

TSX:ESI - Toronto Stock Exchange - CA2935701078 - Common Stock - Currency: CAD

2.93  +0.03 (+1.03%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to ESI. ESI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

ESI is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 74% of 28 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, ESI did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ESI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ESI is lagging the market.
In the last month ESI has a been trading in the 2.43 - 3.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ENSIGN ENERGY SERVICES INC / ESI Weekly stock chart
ENSIGN ENERGY SERVICES INC / ESI Daily stock chart
Setup Rating and Analysis

3

The technical rating of ESI 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.

Support and Resistance Analysis

2.04

3.09

5 important support areas can be observed.

  • A support zone ranging from 2.88 to 2.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.75 from a trend line in the daily time frame.
  • A support zone ranging from 2.66 to 2.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.32 from a trend line in the weekly time frame.
  • Support @2.06 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 3.05 to 3.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.68
Mansfield0.33
10 Day High3.36
10 Day Low2.43
20 Day High3.52
20 Day Low2.43
52 Week High3.52
52 Week Low2.09
Performance
1 Week-7.28%
2 Weeks-12.8%
1 Month-14.58%
3 Month-2.98%
6 Month27.39%
12 Month34.4%
2 Year-11.48%
3 Year5.4%
5 Year39.52%
10 Year-68.49%
15 Year-80.54%
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)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)39.99
LBB2.81
UBB3.46
ENSIGN ENERGY SERVICES INC / ESI Daily stock chart

ENSIGN ENERGY SERVICES INC

TSX:ESI (2/7/2025, 7:00:00 PM)

2.93

+0.03 (+1.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.03%
1 Week-7.28%
2 Weeks-12.8%
1 Month-14.58%
3 Month-2.98%
6 Month27.39%
12 Month34.4%
2 Year-11.48%
3 Year5.4%
5 Year39.52%
10 Year-68.49%
15 Year-80.54%
Volatility
ATR(14)0.18
ATR(20)%5.88%
ATR Inc-43.68%
Range Today0.09
ADR(20)0.16
ADR(20)%5.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.68
Mansfield0.33
10 Day High3.36
10 Day Low2.43
20 Day High3.52
20 Day Low2.43
52 Week High3.52
52 Week Low2.09
CS1 End2.89
CR1 Start3.05
Volume & EV
DER(3)5.27%
DER(5)2.79%
Volume279.23K
Volume Incr-3.64%
Vol(5)298.59K
Vol(50)259.01K