SURGE ENERGY INC (SGY.CA) Stock Technical Analysis
TSX:SGY • CA86880Y8779
Overall SGY gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SGY is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- SGY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SGY has a been trading in the 6.87 - 8.16 range, which is quite wide. It is currently trading near the high of this range.
- 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 68% of all stocks.
- SGY is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 65% of 210 stocks in the same industry.
SGY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.08. Right above this resistance zone may be a good entry point.
More info and screens
6.42
We found 4 important support areas.
- A support zone ranging from 7.80 to 7.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.73 from a trend line in the daily time frame.
- A support zone ranging from 6.62 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.
We found 1 important resistance area.
- A resistance zone ranging from 8.08 to 8.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 68.25 | 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) | 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) | 62.14 | NEUTRAL | The RSI value for SGY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SGY.CA has a positive trend. |
| Stochastics (14,3) | 75.12 | NEUTRAL | The Stochastics value for SGY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for SGY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.73 | NEGATIVE | The low ADX value for SGY.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 8.09 | 7.79 | 0.30 (3.71%) | 25.00% |
| An entry @8.09. This is a Buy Stop order right above the resistance zone. | An exit @7.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.30 points, which is 3.71%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%. |
- 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.
TSX:SGY (2/27/2026, 7:00:00 PM)
8.07
+0.16 (+2.02%)
SURGE ENERGY INC / SGY.CA FAQ
What is the technical rating for SGY stock?
ChartMill assigns a technical rating of 8 / 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 62.143. 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 0.0149419, 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.