ENSIGN ENERGY SERVICES INC (ESI.CA) Stock Technical Analysis
TSX:ESI - Toronto Stock Exchange - CA2935701078 - Common Stock - Currency: CAD
Overall ESI gets a technical rating of 3 out of 10. In the past year, ESI was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
ESI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ESI is lagging the market.
In the last month ESI has a been trading in the 1.85 - 2.28 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the performance of all stocks over the past year, ESI turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
ESI is an average performer in the Energy Equipment & Services industry, it outperforms 64% of 29 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ESI is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.77
3.41
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.00 to 2.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.94 to 1.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.79 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @3.38 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for ESI.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ESI.CA is up. |
| ChartMill Relative Strength | 41.05 | NEUTRAL | ESI.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ESI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ESI.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ESI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.13 | NEUTRAL | The RSI value for ESI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ESI.CA has a positive trend. |
| Stochastics (14,3) | 90.65 | OVERBOUGHT | The high Stochastics value suggests ESI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for ESI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.22 | NEUTRAL | The ADX value for ESI.CA suggests a possible start of a new 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:ESI (6/6/2025, 7:00:00 PM)
2.27
+0.11 (+5.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg5.09%
1 Week14.07%
2 Weeks15.82%
1 Month21.39%
3 Month0.89%
6 Month-14.98%
12 Month2.71%
2 Year20.11%
3 Year-32.64%
5 Year118.27%
10 Year-81.45%
15 Year-81.87%
Volatility
ATR(14)0.07
ATR(20)%3.96%
ATR Inc31.47%
Range Today0.13
ADR(20)0.09
ADR(20)%3.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.05
Mansfield-1.49
10 Day High2.28
10 Day Low1.91
20 Day High2.28
20 Day Low1.85
52 Week High3.52
52 Week Low1.73
CS1 End2.06
CR1 Start3.38
Volume & EV
DER(3)-0.71%
DER(5)2.48%
Volume284.51K
Volume Incr37.13%
Vol(5)183.70K
Vol(50)173.36K