ENCORE ENERGY CORP (EU) Stock Technical Analysis
USA - NASDAQ:EU - CA29259W7008 - Common Stock
2.815 USD
+0.21 (+7.85%)
Taking everything into account, EU scores 4 out of 10 in our technical rating. In the last year, EU was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, EU is a bad performer in the overall market: 85% of all stocks are doing better.
EU is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 67% of 210 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month EU has a been trading in the 2.13 - 2.65 range, which is quite wide. It is currently trading near the high of this range.
EU has an average volume of 3398480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
2.07
3.05
We found 5 important support areas.
- Support @2.77 from a trend line in the weekly time frame.
- A support zone ranging from 2.62 to 2.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.27 from a trend line in the daily time frame.
- A support zone ranging from 2.22 to 2.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.09 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @3.02 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 | NEUTRAL | NEUTRAL | The long term trend for EU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EU is up. |
| ChartMill Relative Strength | 15.66 | NEGATIVE | EU has a low relative strength, it was outperformed by 84.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EU is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.63 | NEUTRAL | The RSI value for EU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests EU has a positive trend. |
| Stochastics (14,3) | 85.65 | OVERBOUGHT | The high Stochastics value suggests EU may be overbought. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for EU suggests high volalility. |
| Average Directional Index/ADX (14) | 17.95 | NEGATIVE | The low ADX value for EU suggests a weak or negative 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)
NASDAQ:EU (9/19/2025, 1:50:10 PM)
2.815
+0.21 (+7.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg7.85%
1 Week11.54%
2 Weeks12.5%
1 Month22.25%
3 Month11.54%
6 Month58.18%
12 Month-31.5%
2 Year-19.94%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%5.11%
ATR Inc11.87%
Range Today0.24
ADR(20)0.13
ADR(20)%4.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.66
Mansfield-1.41
10 Day High2.65
10 Day Low2.21
20 Day High2.65
20 Day Low2.13
52 Week High4.44
52 Week Low1.01
CS1 End2.27
CR1 Start2.62
Volume & EV
DER(3)-7.07%
DER(5)-2.05%
Volume4.23M
Volume Incr-7.29%
Vol(5)4.26M
Vol(50)3.40M