SURGE ENERGY INC (SGY.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:SGY - CA86880Y8779 - Common Stock
Overall SGY gets a technical rating of 8 out of 10. SGY has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although SGY has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.41
When analyzing the support we can see 3 important areas.
- Support @6.88 from a trend line in the daily time frame.
- A support zone ranging from 6.60 to 6.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.47 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @7.49 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 7.64 to 7.70. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for SGY.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SGY.CA is neutral. |
| ChartMill Relative Strength | 70.29 | POSITIVE | SGY.CA has a high relative strength, it outperformed 70.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SGY.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SGY.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SGY.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.17 | NEUTRAL | The RSI value for SGY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SGY.CA has a negative trend. |
| Stochastics (14,3) | 15.51 | OVERSOLD | The low Stochastics value suggests SGY.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for SGY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.3 | NEUTRAL | The ADX value for SGY.CA suggests a possible start of a new trend. |
TSX:SGY (12/11/2025, 7:00:00 PM)
6.94
-0.25 (-3.48%)
SURGE ENERGY INC / SGY.CA FAQ
What is the technical rating for SGY stock?
ChartMill assigns a technical rating of 9 / 10 to SGY.CA.
Can you provide the trend direction for SURGE ENERGY INC?
The current trend direction for SURGE ENERGY INC (SGY.CA) is Bullish.
Can you provide the RSI signal for SURGE ENERGY INC?
SURGE ENERGY INC (SGY.CA) has an RSI value of 46.1704. This indicates that the stock is currently neutral.
What is the short term momentum for SGY stock?
The short term momentum for SURGE ENERGY INC (SGY.CA) is neutral.