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 9 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.
- Looking at the yearly performance, SGY did better than 79% of all other stocks.
- SGY is currently trading near its 52 week high, which is a good sign. 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 8.09 - 9.02 range, which is quite wide. It is currently trading near the high of this range.
- SGY is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 65% of 210 stocks in the same industry.
SGY.CA Weekly and Daily overview Charts
SGY.CA Setup Rating and Analysis
Besides having an excellent technical rating, SGY also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 8.93, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
SGY.CA Support and Resistance Analysis
6.42
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.77 to 8.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.57 to 8.62. 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 6.61 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.
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 | 79.24 | POSITIVE | SGY.CA has a high relative strength, it outperformed 79.24% 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) | 66.29 | NEUTRAL | The RSI value for SGY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SGY.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.83 | NEUTRAL | The Stochastics value for SGY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for SGY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.33 | POSITIVE | The high ADX value value for SGY.CA suggests a strong trend. |
SGY.CA Chart- and CandleStick Pattern Analysis
SGY.CA Example Setup
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 |
|---|---|---|---|
| 9.03 | 8.76 | 0.27 (2.99%) | 25.00% |
| An entry @9.03. This is a Buy Stop order right above the 10 day high. | An exit @8.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.27 points, which is 2.99%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- The distance between exit and entry is rather small compared to the average daily movement of SGY. Please evaluate whether better entry and exit points can be found.
- 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.
SGY.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:SGY (3/27/2026, 7:00:00 PM)
8.94
+0.24 (+2.76%)
SURGE ENERGY INC / SGY.CA TA FAQ
What is the technical rating for SGY stock?
ChartMill assigns a technical rating of 9 / 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 66.2929. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SURGE ENERGY INC?
The MACD indicator for SURGE ENERGY INC (SGY.CA) has a value of -0.0161166, 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.