ENSIGN ENERGY SERVICES INC (ESI.CA) Stock Technical Analysis
Canada - TSX:ESI - CA2935701078 - Common Stock
2.41 CAD
-0.09 (-3.6%)
Taking everything into account, ESI scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ESI is a bad performer.
86% of all other stocks performed better in the past year than ESI.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ESI is an average performer in the Energy Equipment & Services industry, it outperforms 44% of 28 stocks in the same industry.
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 2.28 - 2.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ESI has an average technical rating and also the quality of the setup is only medium 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
2.13
2.72
We found 2 important support areas.
- A support zone ranging from 2.30 to 2.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.15 to 2.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @2.43 from a trend line in the daily time frame.
- A resistance zone ranging from 2.65 to 2.69. 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 | UP | POSITIVE | The long term trend for ESI.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ESI.CA is neutral. |
| ChartMill Relative Strength | 14.87 | NEGATIVE | ESI.CA has a low relative strength, it was outperformed by 85.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ESI.CA is below the rising 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 | MIXED | The current price of ESI.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.26 | NEUTRAL | The RSI value for ESI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ESI.CA has a negative trend. |
| Stochastics (14,3) | 21.3 | NEUTRAL | The Stochastics value for ESI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for ESI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 36.54 | POSITIVE | The high ADX value value for ESI.CA suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.44 | 2.37 | 0.07 (2.87%) | 25.00% |
| An entry @2.44. This is a Buy Stop order right above the resistance zone. | An exit @2.37. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 2.87%. | For a 0.72% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ESI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ESI (10/16/2025, 7:00:00 PM)
2.41
-0.09 (-3.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-3.6%
1 Week-7.31%
2 Weeks-6.23%
1 Month3.43%
3 Month5.24%
6 Month25.52%
12 Month-15.73%
2 Year-5.12%
3 Year-30.95%
5 Year382%
10 Year-70.68%
15 Year-80.96%
Volatility
ATR(14)0.1
ATR(20)%4.26%
ATR Inc8.83%
Range Today0.12
ADR(20)0.1
ADR(20)%4.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.87
Mansfield-1.2
10 Day High2.74
10 Day Low2.38
20 Day High2.74
20 Day Low2.28
52 Week High3.52
52 Week Low1.73
CS1 End2.34
CR1 Start2.43
Volume & EV
DER(3)11.88%
DER(5)4.96%
Volume131.16K
Volume Incr-19.99%
Vol(5)142.90K
Vol(50)143.81K