SURGE ENERGY INC (SGY.CA) Technical Analysis
TSX:SGY • CA86880Y8779
Current stock price
SGY.CA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to SGY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SGY is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that SGY is one of the better performing stocks in the market, outperforming 81% of all stocks.
- SGY is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SGY is leading the market.
- In the last month SGY has a been trading in the 7.55 - 9.00 range, which is quite wide. It is currently trading near the high of this range.
- SGY is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, SGY did better than 68% of them.
SGY.CA Weekly and Daily overview Charts
SGY.CA Setup Rating and Analysis
Although SGY has an excellent technical rating, it 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
SGY.CA Support and Resistance Analysis
6.42
We found 3 important support areas.
- A support zone ranging from 8.23 to 8.32. This zone is formed by a combination of multiple trend lines and important moving averages 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 @6.48 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.92 to 8.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
SGY.CA Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for SGY.CA is up. |
| ChartMill Relative Strength | 81.14 | POSITIVE | SGY.CA has a high relative strength, it outperformed 81.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SGY.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SGY.CA is above 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) | 73.01 | OVERBOUGHT | The high RSI value suggests SGY.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SGY.CA has a positive trend. |
| Stochastics (14,3) | 92.17 | OVERBOUGHT | The high Stochastics value suggests SGY.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for SGY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.12 | POSITIVE | The high ADX value value for SGY.CA suggests a strong trend. |
SGY.CA Chart- and CandleStick Pattern Analysis
SGY.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:SGY (3/20/2026, 7:00:00 PM)
8.92
+0.15 (+1.71%)
SURGE ENERGY INC / SGY.CA TA FAQ
What is the technical rating for SGY stock?
ChartMill assigns a technical rating of 10 / 10 to SGY.CA.
What is the trend direction for SGY stock?
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 73.0136. This indicates that the stock is currently overbought.
Can you provide the MACD signal for SURGE ENERGY INC?
The MACD indicator for SURGE ENERGY INC (SGY.CA) has a value of 0.0292009, indicating a bearish trend.
What is the short term momentum for SGY stock?
The short term momentum for SURGE ENERGY INC (SGY.CA) is positive.