SURGE ENERGY INC (SGY.CA) Stock Technical Analysis
TSX:SGY - CA86880Y8779 - Common Stock
6.64 CAD
+0.01 (+0.15%)
Taking everything into account, SGY scores 4 out of 10 in our technical rating. In the last year, SGY was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month SGY has a been trading in the 6.56 - 7.36 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, SGY turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
SGY is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 65% of 218 stocks in the same industry.
SGY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SGY is lagging the market.
SGY has an average technical rating and it also 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
6.54
7.38
When analyzing the support we notice one important area.
- A support zone ranging from 6.61 to 6.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.88 to 6.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.12 to 7.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.31 from a horizontal line in the weekly 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 | 53.94 | 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) | 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) | 37.88 | NEUTRAL | The RSI value for SGY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SGY.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.79 | OVERSOLD | The low Stochastics value suggests SGY.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for SGY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.52 | NEUTRAL | The ADX value for SGY.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:SGY (9/9/2025, 7:00:00 PM)
6.64
+0.01 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.15%
1 Week-4.73%
2 Weeks-6.48%
1 Month-8.41%
3 Month9.75%
6 Month19.86%
12 Month10.85%
2 Year-28.29%
3 Year-14.98%
5 Year322.26%
10 Year-71.07%
15 Year-85.8%
Volatility
ATR(14)0.16
ATR(20)%2.33%
ATR Inc40.33%
Range Today0.18
ADR(20)0.15
ADR(20)%2.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.94
Mansfield0.26
10 Day High7.17
10 Day Low6.56
20 Day High7.36
20 Day Low6.56
52 Week High7.84
52 Week Low4.37
CS1 End6.61
CR1 Start6.88
Volume & EV
DER(3)-9.33%
DER(5)-6.73%
Volume390.29K
Volume Incr-0.89%
Vol(5)404.85K
Vol(50)522.71K