SURGE ENERGY INC (SGY.CA) Stock Technical Analysis
Canada - TSX:SGY - CA86880Y8779 - Common Stock
We assign a technical rating of 5 out of 10 to SGY. 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.
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.
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6.41
When analyzing the support we notice one important area.
- A support zone ranging from 6.47 to 6.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 7.12 to 7.13. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 7.30 to 7.31. This zone is formed by a combination of multiple trend lines 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 | 55.67 | NEUTRAL | SGY.CA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of SGY.CA is above 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) | 54.88 | NEUTRAL | The RSI value for SGY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SGY.CA has a positive trend. |
| Stochastics (14,3) | 62.35 | NEUTRAL | The Stochastics value for SGY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for SGY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.66 | NEGATIVE | The low ADX value for SGY.CA suggests a weak or negative trend. |
TSX:SGY (11/10/2025, 7:00:00 PM)
6.93
+0.14 (+2.06%)
SURGE ENERGY INC / SGY.CA FAQ
What is the technical rating for SGY stock?
ChartMill assigns a technical rating of 5 / 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 54.8772. 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.