ENCORE ENERGY CORP (EU.CA) Technical Analysis
TSX-V:EU • CA29259W7008
Current stock price
EU.CA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to EU. EU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 85% of all other stocks performed better in the past year than EU.
- EU is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 79% of 206 stocks in the same industry do better.
- EU 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 EU has a been trading in the 2.33 - 2.97 range, which is quite wide. It is currently trading near the high of this range.
EU.CA Weekly and Daily overview Charts
EU.CA Setup Rating and Analysis
Although the technical rating is bad, EU does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
EU.CA Support and Resistance Analysis
2.38
When analyzing the support we can see 2 important areas.
- Support @2.48 from a trend line in the weekly time frame.
- Support @2.40 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @2.85 from a trend line in the daily time frame.
- A resistance zone ranging from 2.91 to 2.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.22 to 4.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.37 from a trend line in the weekly time frame.
EU.CA Technical Indicator Signal Analysis
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 EU.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EU.CA is neutral. |
| ChartMill Relative Strength | 15.92 | NEGATIVE | EU.CA has a low relative strength, it was outperformed by 84.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EU.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EU.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EU.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.67 | NEUTRAL | The RSI value for EU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests EU.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.07 | NEUTRAL | The Stochastics value for EU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.22 | HIGH VOLATILITY | The high ATR as a percentage value for EU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.42 | NEUTRAL | The ADX value for EU.CA suggests a possible start of a new trend. |
EU.CA Chart- and CandleStick Pattern Analysis
EU.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:EU (4/21/2026, 7:00:00 PM)
2.7
-0.2 (-6.9%)
ENCORE ENERGY CORP / EU.CA TA FAQ
What is the ChartMill technical rating of ENCORE ENERGY CORP (EU.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to EU.CA.
What is the current trend direction of ENCORE ENERGY CORP (EU.CA) stock?
The current trend direction for ENCORE ENERGY CORP (EU.CA) is Bearish.
What is the RSI signal for EU stock?
ENCORE ENERGY CORP (EU.CA) has an RSI value of 47.6668. This indicates that the stock is currently neutral.
What is the MACD signal for ENCORE ENERGY CORP (EU.CA) stock?
The MACD indicator for ENCORE ENERGY CORP (EU.CA) has a value of 0.0632133, indicating a bearish trend.
What is the support and resistance level for EU stock?
ENCORE ENERGY CORP (EU.CA) has a support level at 2.48 and a resistance level at 2.85. Check the full technical report for our detailed analysis of EU.CA support and resistance levels.