ENCORE ENERGY CORP (EU.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:EU - CA29259W7008 - Common Stock
Overall EU gets a technical rating of 1 out of 10. 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.
EU has a poor technical rating and the quality of the setup is also not perfect 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.
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3.07
When analyzing the support we notice one important area.
- A support zone ranging from 3.10 to 3.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @4.10 from a trend line in the daily time frame.
- Resistance @4.39 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 EU.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EU.CA is neutral. |
| ChartMill Relative Strength | 8.31 | NEGATIVE | EU.CA has a low relative strength, it was outperformed by 91.69% 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) | DOWN | NEGATIVE | The current price of EU.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.94 | NEUTRAL | The RSI value for EU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EU.CA has a negative trend. |
| Stochastics (14,3) | 38.69 | NEUTRAL | The Stochastics value for EU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.93 | HIGH VOLATILITY | The high ATR as a percentage value for EU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.92 | NEGATIVE | The low ADX value for EU.CA suggests a weak or negative trend. |
TSX-V:EU (12/22/2025, 7:00:00 PM)
3.47
-0.52 (-13.03%)
ENCORE ENERGY CORP / EU.CA 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 trend direction for EU stock?
The current trend direction for ENCORE ENERGY CORP (EU.CA) is Bearish.
Can you provide the RSI signal for ENCORE ENERGY CORP?
ENCORE ENERGY CORP (EU.CA) has an RSI value of 45.9426. 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 -0.0158745, indicating a bearish trend.
What is the short term momentum for ENCORE ENERGY CORP (EU.CA) stock?
The short term momentum for ENCORE ENERGY CORP (EU.CA) is neutral.