SURGE ENERGY INC (SGY-DB-B.CA) Stock Technical Analysis
Canada - TSX:SGY-DB-B - CA86880YAC36
We assign a technical rating of 6 out of 10 to SGY-DB-B. Although SGY-DB-B is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, SGY-DB-B does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 104.54, a Stop Loss order could be placed below this zone.
More info and screens
99.50
We found 1 important support area.
- A support zone ranging from 100.50 to 104.54. 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 107.00 to 108.00. 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 | UP | POSITIVE | The short term trend for SGY-DB-B.CA is up. |
| ChartMill Relative Strength | 28.63 | NEGATIVE | SGY-DB-B.CA has a low relative strength, it was outperformed by 71.37% off all stocks 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) | 53.26 | NEUTRAL | The RSI value for SGY-DB-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SGY-DB-B.CA has a positive trend. |
| Stochastics (14,3) | 77.59 | NEUTRAL | The Stochastics value for SGY-DB-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for SGY-DB-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.43 | NEGATIVE | The low ADX value for SGY-DB-B.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 105.25 | 102.99 | 2.26 (2.15%) | 25.00% |
| An entry @105.25. This is a Buy Stop order right above the 10 day high. | An exit @102.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.26 points, which is 2.15%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.54%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:SGY-DB-B (11/4/2025, 7:00:00 PM)
105
+0.1 (+0.1%)
SURGE ENERGY INC / SGY-DB-B.CA FAQ
What is the technical rating for SGY-DB-B stock?
ChartMill assigns a technical rating of 6 / 10 to SGY-DB-B.CA.
What is the trend direction for SGY-DB-B stock?
The current trend direction for SURGE ENERGY INC (SGY-DB-B.CA) is Bullish.
What is the RSI signal for SGY-DB-B stock?
SURGE ENERGY INC (SGY-DB-B.CA) has an RSI value of 53.2604. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SURGE ENERGY INC?
The buy/sell signal for SURGE ENERGY INC (SGY-DB-B.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for SURGE ENERGY INC (SGY-DB-B.CA) stock?
SURGE ENERGY INC (SGY-DB-B.CA) has a support level at 104.54 and a resistance level at 107. Check the full technical report for our detailed analysis of SGY-DB-B.CA support and resistance levels.