SURGE ENERGY INC (SGY.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:SGY - CA86880Y8779 - Common Stock
Overall SGY gets a technical rating of 2 out of 10. SGY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- SGY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, SGY outperforms 46% of them, which is more or less in line with the market.
- SGY is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, SGY did better than 55% of them.
- 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.
Although the technical rating is bad, SGY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.62, a Stop Loss order could be placed below this zone.
More info and screens
6.38
We found 1 important support area.
- A support zone ranging from 6.44 to 6.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.72 to 6.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.44 to 7.49. 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 | NEUTRAL | NEUTRAL | The long term trend for SGY.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGY.CA is down. |
| ChartMill Relative Strength | 46.42 | 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) | 46.3 | NEUTRAL | The RSI value for SGY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SGY.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.67 | NEUTRAL | The Stochastics value for SGY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for SGY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.48 | NEUTRAL | The ADX value for SGY.CA suggests a possible start of a new trend. |
TSX:SGY (1/13/2026, 7:00:00 PM)
6.72
+0.15 (+2.28%)
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.
What is the trend direction for SGY stock?
The current trend direction for SURGE ENERGY INC (SGY.CA) is Bearish.
Can you provide the RSI signal for SURGE ENERGY INC?
SURGE ENERGY INC (SGY.CA) has an RSI value of 46.2955. 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 -0.00893056, indicating a bearish trend.
What is the short term momentum for SGY stock?
The short term momentum for SURGE ENERGY INC (SGY.CA) is negative.