ENCORE ENERGY CORP (EU.CA) Stock Technical Analysis
Canada - TSX-V:EU - CA29259W7008 - Common Stock
We assign a technical rating of 1 out of 10 to EU. EU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
More info and screens
3.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.65 to 3.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.59 from a horizontal line in the daily time frame.
- Support @3.08 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @3.79 from a trend line in the daily time frame.
- Resistance @3.87 from a horizontal line in the daily time frame.
- Resistance @4.56 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 | 10.98 | NEGATIVE | EU.CA has a low relative strength, it was outperformed by 89.02% 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 | MIXED | The current price of EU.CA is below 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) | 41.65 | NEUTRAL | The RSI value for EU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests EU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.32 | NEUTRAL | The Stochastics value for EU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.82 | HIGH VOLATILITY | The high ATR as a percentage value for EU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.25 | NEUTRAL | The ADX value for EU.CA suggests a possible start of a new trend. |
TSX-V:EU (11/11/2025, 7:00:00 PM)
3.71
-0.15 (-3.89%)
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 41.6542. 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 -0.0816219, 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 negative.