ENCORE ENERGY CORP (EU.CA) Stock Technical Analysis
TSX-V:EU - TSX Venture Exchange - CA29259W7008 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to EU. In the last year, EU was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
In the last month EU has a been trading in the 3.30 - 4.34 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, EU outperforms 67% of them, which is more or less in line with the market.
EU is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 68% of 214 stocks in the same industry.
EU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EU is lagging the market slightly.
EU has an average technical rating and it also does not offer a high quality setup 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
2.90
5.18
We found 2 important support areas.
- A support zone ranging from 3.42 to 3.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.93 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @4.16 from a trend line in the daily time frame.
- Resistance @5.13 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 | DOWN | NEGATIVE | The short term trend for EU.CA is down. |
| ChartMill Relative Strength | 67.03 | NEUTRAL | EU.CA is not amongst the best or worst performers 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 | NEGATIVE | The current price of EU.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.44 | NEUTRAL | The RSI value for EU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests EU.CA has a negative trend. |
| Stochastics (14,3) | 17.79 | OVERSOLD | The low Stochastics value suggests EU.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.69 | HIGH VOLATILITY | The high ATR as a percentage value for EU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 37.86 | POSITIVE | The high ADX value value for EU.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)
TSX-V:EU (8/1/2025, 7:00:00 PM)
3.52
-0.09 (-2.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.49%
1 Week-15.99%
2 Weeks-14.36%
1 Month-8.81%
3 Month60%
6 Month-26.36%
12 Month-26.67%
2 Year0.57%
3 Year-19.08%
5 Year250.25%
10 Year5766.67%
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%6.69%
ATR Inc7.03%
Range Today0.23
ADR(20)0.23
ADR(20)%6.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.03
Mansfield-1.73
10 Day High4.34
10 Day Low3.3
20 Day High4.34
20 Day Low3.3
52 Week High6.12
52 Week Low1.47
CS1 End3.51
CR1 Start4.16
Volume & EV
DER(3)-4.11%
DER(5)-2.3%
Volume284.52K
Volume Incr51.39%
Vol(5)366.18K
Vol(50)308.77K