ENCORE ENERGY CORP (EU.CA) Stock Technical Analysis
TSX-V:EU - TSX Venture Exchange - CA29259W7008 - Common Stock - Currency: CAD
Taking everything into account, EU scores 6 out of 10 in our technical rating. EU has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
EU is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 86% of 208 stocks in the same industry.
Looking at the yearly performance, EU did better than 78% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
EU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EU is lagging the market.
In the last month EU has a been trading in the 3.30 - 4.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, EU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.05. Right above this resistance zone may be a good entry point.
More info and screens
3.47
4.27
3 important support areas can be observed.
- A support zone ranging from 3.72 to 3.74. 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 3.61 to 3.62. 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 3.51 to 3.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.05 to 4.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.20 to 4.23. 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 EU.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EU.CA is neutral. |
| ChartMill Relative Strength | 78.32 | POSITIVE | EU.CA has a high relative strength, it outperformed 78.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EU.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EU.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.95 | NEUTRAL | The RSI value for EU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.13 | NEUTRAL | The Stochastics value for EU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.25 | HIGH VOLATILITY | The high ATR as a percentage value for EU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.72 | NEUTRAL | The ADX value for EU.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-V:EU (8/14/2025, 7:00:00 PM)
3.83
+0.08 (+2.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.13%
1 Week2.96%
2 Weeks2.96%
1 Month-4.01%
3 Month68.72%
6 Month-3.77%
12 Month-14.7%
2 Year9.43%
3 Year-11.95%
5 Year281.1%
10 Year6283.33%
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%6.25%
ATR Inc-21.58%
Range Today0.2
ADR(20)0.23
ADR(20)%6.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.32
Mansfield-1.21
10 Day High3.96
10 Day Low3.3
20 Day High4.34
20 Day Low3.3
52 Week High6.12
52 Week Low1.47
CS1 End3.74
CR1 Start4.05
Volume & EV
DER(3)-11.32%
DER(5)-6.25%
Volume111.47K
Volume Incr-22.41%
Vol(5)194.85K
Vol(50)290.03K