SURGE ENERGY INC (SGY-DB-B.CA) Stock Technical Analysis
TSX:SGY-DB-B - Toronto Stock Exchange - CA86880YAC36 - Currency: CAD
Taking everything into account, SGY-DB-B scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SGY-DB-B is only an average performer.
Warning: SGY-DB-B has an average volume of 29700 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
SGY-DB-B is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, SGY-DB-B turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
SGY-DB-B is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, SGY-DB-B did better than 47% of them.
In the last month SGY-DB-B has a been trading in a tight range between 102.06 and 108.00.
Considerably lower volume is observed in the last couple of days.
Although SGY-DB-B has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
99.50
109.09
When analyzing the support we notice one important area.
- A support zone ranging from 100.50 to 104.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 108.01 to 108.01. 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 | UP | POSITIVE | The long term trend for SGY-DB-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SGY-DB-B.CA is up. |
| ChartMill Relative Strength | 41.94 | NEUTRAL | SGY-DB-B.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGY-DB-B.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGY-DB-B.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 64.24 | NEUTRAL | The RSI value for SGY-DB-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests SGY-DB-B.CA has a positive trend. |
| Stochastics (14,3) | 74.97 | NEUTRAL | The Stochastics value for SGY-DB-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for SGY-DB-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.37 | POSITIVE | The high ADX value value for SGY-DB-B.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:SGY-DB-B (7/31/2025, 7:00:00 PM)
108
+3.95 (+3.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.8%
1 Week5.26%
2 Weeks4.6%
1 Month5.11%
3 Month4.3%
6 Month6.09%
12 Month6.91%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%1.17%
ATR Inc118.15%
Range Today0
ADR(20)0.26
ADR(20)%0.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.94
Mansfield-0.86
10 Day High108
10 Day Low102.26
20 Day High108
20 Day Low102.06
52 Week High108
52 Week Low100.5
CS1 End104.19
CR1 Start108.01
Volume & EV
DER(3)0%
DER(5)0%
Volume20.00K
Volume Incr-42.86%
Vol(5)13.00K
Vol(50)29.70K