ENCORE ENERGY CORP (EU.CA) Technical Analysis
TSX-V:EU • CA29259W7008
We assign a technical rating of 1 out of 10 to EU. EU has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- EU is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, of which 68% are performing better than EU.
- EU is currently trading in the lower part 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.
- In the last month EU has a been trading in the 2.44 - 3.83 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the performance of all stocks over the past year, EU turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
The technical rating of EU is bad and it also does not present a 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
2.56
We found 1 important support area.
- A support zone ranging from 2.59 to 2.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @4.36 from a trend line in the weekly time frame.
- Resistance @4.55 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for EU.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EU.CA is down. |
| ChartMill Relative Strength | 45.49 | 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) | DOWN | NEGATIVE | The current price of EU.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EU.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.46 | NEUTRAL | The RSI value for EU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.22 | NEUTRAL | The Stochastics value for EU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.43 | HIGH VOLATILITY | The high ATR as a percentage value for EU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.3 | POSITIVE | The high ADX value value for EU.CA suggests a strong trend. |
EU.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:EU (3/12/2026, 7:00:00 PM)
2.83
+0.11 (+4.04%)
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 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 ENCORE ENERGY CORP (EU.CA) stock?
ENCORE ENERGY CORP (EU.CA) has an RSI value of 35.464. This indicates that the stock is currently neutral.
What is the MACD signal for EU stock?
The MACD indicator for ENCORE ENERGY CORP (EU.CA) has a value of -0.047824, indicating a bearish trend.
What is the short term momentum for EU stock?
The short term momentum for ENCORE ENERGY CORP (EU.CA) is negative.