SURGE ENERGY INC (SGY.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:SGY - CA86880Y8779 - Common Stock
Taking everything into account, SGY scores 2 out of 10 in our technical rating. SGY has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The technical rating of SGY is bad and it also does not present a 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
6.41
We found 3 important support areas.
- Support @6.91 from a trend line 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 @6.47 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 | DOWN | NEGATIVE | The short term trend for SGY.CA is down. |
| ChartMill Relative Strength | 67.14 | NEUTRAL | SGY.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SGY.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SGY.CA is below a declining 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) | 40.81 | NEUTRAL | The RSI value for SGY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests SGY.CA has a negative trend. |
| Stochastics (14,3) | 6.6 | OVERSOLD | The low Stochastics value suggests SGY.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for SGY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.26 | NEGATIVE | The low ADX value for SGY.CA suggests a weak or negative trend. |
TSX:SGY (12/12/2025, 7:00:00 PM)
6.93
-0.01 (-0.14%)
SURGE ENERGY INC / SGY.CA FAQ
What is the technical rating for SGY stock?
ChartMill assigns a technical rating of 2 / 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 40.8139. 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 negative.
Can you provide the buy/sell signal for SURGE ENERGY INC?
The buy/sell signal for SURGE ENERGY INC (SGY.CA) is hold as the short term and long term trends are mixed.