ENCORE ENERGY CORP (EU.CA) Stock Technical Analysis
TSX-V:EU - CA29259W7008 - Common Stock
3.25 CAD
+0.09 (+2.85%)
We assign a technical rating of 1 out of 10 to EU. EU performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, EU is a bad performer in the overall market: 84% of all stocks are doing better.
EU is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 67% of 211 stocks in the same industry do better.
In the last month EU has a been trading in the 2.86 - 4.00 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
EU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EU is lagging the market.
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
2.91
4.06
We found 3 important support areas.
- Support @3.24 from a horizontal line in the weekly time frame.
- Support @3.03 from a trend line in the daily time frame.
- Support @2.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.96 to 4.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 16.05 | NEGATIVE | EU.CA has a low relative strength, it was outperformed by 83.95% 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) | DOWN | NEGATIVE | The current price of EU.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.63 | NEUTRAL | The RSI value for EU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests EU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.29 | NEUTRAL | The Stochastics value for EU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.12 | HIGH VOLATILITY | The high ATR as a percentage value for EU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.14 | NEUTRAL | The ADX value for EU.CA suggests a possible start of a new 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 (8/28/2025, 7:00:00 PM)
3.25
+0.09 (+2.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.85%
1 Week5.52%
2 Weeks-15.14%
1 Month-12.63%
3 Month17.75%
6 Month-10.22%
12 Month-32.71%
2 Year-7.14%
3 Year-25.29%
5 Year223.38%
10 Year5316.67%
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%8.12%
ATR Inc-38.6%
Range Today0.14
ADR(20)0.23
ADR(20)%7.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.05
Mansfield-2.43
10 Day High4
10 Day Low2.86
20 Day High4
20 Day Low2.86
52 Week High6.12
52 Week Low1.47
CS1 End3.24
CR1 Start3.96
Volume & EV
DER(3)7.86%
DER(5)4.6%
Volume310.98K
Volume Incr6.67%
Vol(5)262.50K
Vol(50)290.86K