SURGE ENERGY INC (SGY-DB-B.CA) Stock Technical Analysis
TSX:SGY-DB-B - Toronto Stock Exchange - CA86880YAC36 - Currency: CAD
We assign a technical rating of 3 out of 10 to SGY-DB-B. SGY-DB-B performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
74% of all other stocks performed better in the past year than SGY-DB-B.
SGY-DB-B is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SGY-DB-B has a been trading in the 100.50 - 107.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SGY-DB-B is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, SGY-DB-B did better than 42% of them.
Considerably lower volume is observed in the last couple of days.
SGY-DB-B has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 101.00, a Stop Loss order could be placed below this zone.
More info and screens
99.50
108.07
When analyzing the support we notice one important area.
- A support zone ranging from 100.50 to 101.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 102.56 to 104.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 107.00 to 107.00. 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 | NEUTRAL | NEUTRAL | The short term trend for SGY-DB-B.CA is neutral. |
| ChartMill Relative Strength | 26.98 | NEGATIVE | SGY-DB-B.CA has a low relative strength, it was outperformed by 73.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SGY-DB-B.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGY-DB-B.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 46.8 | NEUTRAL | The RSI value for SGY-DB-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SGY-DB-B.CA has a negative trend. |
| Stochastics (14,3) | 21.79 | NEUTRAL | The Stochastics value for SGY-DB-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.89 | LOW VOLATILITY | The low ATR as a percentage value for SGY-DB-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 24.73 | NEUTRAL | The ADX value for SGY-DB-B.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:SGY-DB-B (6/26/2025, 7:00:00 PM)
102.26
-0.34 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.33%
1 Week-0.96%
2 Weeks-0.29%
1 Month1.75%
3 Month-0.23%
6 Month-0.72%
12 Month0.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%0.89%
ATR Inc28.73%
Range Today0
ADR(20)0.26
ADR(20)%0.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.98
Mansfield-0.81
10 Day High104.75
10 Day Low102.26
20 Day High107
20 Day Low100.5
52 Week High107
52 Week Low100.5
CS1 End101
CR1 Start102.56
Volume & EV
DER(3)0%
DER(5)0%
Volume12.00K
Volume Incr-52.94%
Vol(5)12.40K
Vol(50)30.38K