ENSIGN ENERGY SERVICES INC (ESI.CA) Stock Technical Analysis
TSX:ESI - Toronto Stock Exchange - CA2935701078 - Common Stock - Currency: CAD
Taking everything into account, ESI scores 5 out of 10 in our technical rating. ESI has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
ESI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ESI has a been trading in the 2.20 - 2.36 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, ESI outperforms 48% of them, which is more or less in line with the market.
ESI is an average performer in the Energy Equipment & Services industry, it outperforms 53% of 27 stocks in the same industry.
Although the technical rating is only medium, ESI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.21, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.18
3.39
When analyzing the support we notice one important area.
- A support zone ranging from 2.20 to 2.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.28 to 2.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.44 from a horizontal line in the weekly time frame.
- Resistance @3.36 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 | NEUTRAL | NEUTRAL | The long term trend for ESI.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ESI.CA is neutral. |
| ChartMill Relative Strength | 48.27 | NEUTRAL | ESI.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ESI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ESI.CA is above the rising 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) | 48.71 | NEUTRAL | The RSI value for ESI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ESI.CA has a negative trend. |
| Stochastics (14,3) | 44.44 | NEUTRAL | The Stochastics value for ESI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for ESI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.51 | NEGATIVE | The low ADX value for ESI.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:ESI (7/31/2025, 7:00:00 PM)
2.26
-0.01 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.44%
1 Week-0.88%
2 Weeks0%
1 Month-0.88%
3 Month20.86%
6 Month-28.48%
12 Month-4.24%
2 Year-9.6%
3 Year-34.49%
5 Year237.31%
10 Year-77.69%
15 Year-82.16%
Volatility
ATR(14)0.07
ATR(20)%3.29%
ATR Inc29.23%
Range Today0.09
ADR(20)0.07
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.27
Mansfield-1.83
10 Day High2.36
10 Day Low2.21
20 Day High2.36
20 Day Low2.2
52 Week High3.52
52 Week Low1.73
CS1 End2.21
CR1 Start2.28
Volume & EV
DER(3)-1.22%
DER(5)1.8%
Volume108.30K
Volume Incr24.78%
Vol(5)84.85K
Vol(50)111.24K