ENSIGN ENERGY SERVICES INC (ESI.CA) Stock Technical Analysis
TSX:ESI - Toronto Stock Exchange - CA2935701078 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to ESI. 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.
In the last month ESI has a been trading in the 2.02 - 2.53 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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 47% of all stocks.
ESI is an average performer in the Energy Equipment & Services industry, it outperforms 62% 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.
ESI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 2.22, a Stop Loss order could be placed below this zone.
More info and screens
2.00
3.40
When analyzing the support we can see 3 important areas.
- Support @2.29 from a trend line in the weekly time frame.
- A support zone ranging from 2.21 to 2.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.02 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.41 to 2.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.50 from a horizontal line in the daily time frame.
- Resistance @3.37 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 | 47.05 | NEUTRAL | ESI.CA is not amongst the best or worst performers 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 | NEGATIVE | The current price of ESI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.6 | NEUTRAL | The RSI value for ESI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ESI.CA has a negative trend. |
| Stochastics (14,3) | 11.11 | OVERSOLD | The low Stochastics value suggests ESI.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for ESI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.69 | 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 (7/2/2025, 7:00:00 PM)
2.31
+0.09 (+4.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg4.05%
1 Week-3.02%
2 Weeks-4.66%
1 Month11.39%
3 Month14.21%
6 Month-29.47%
12 Month0%
2 Year19.05%
3 Year-33.23%
5 Year116.35%
10 Year-81.62%
15 Year-82.03%
Volatility
ATR(14)0.09
ATR(20)%4.1%
ATR Inc-47.76%
Range Today0.08
ADR(20)0.09
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.05
Mansfield-1.77
10 Day High2.53
10 Day Low2.2
20 Day High2.53
20 Day Low2.02
52 Week High3.52
52 Week Low1.73
CS1 End2.22
CR1 Start2.42
Volume & EV
DER(3)-0.5%
DER(5)-0.77%
Volume74.14K
Volume Incr-29.12%
Vol(5)109.18K
Vol(50)136.21K