SURGE ENERGY INC (SGY.CA) Technical Analysis
TSX:SGY • CA86880Y8779
Current stock price
SGY.CA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to SGY. Both in the recent history as in the last year, SGY has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, SGY did better than 85% of all other stocks. We also observe that the gains produced by SGY over the past year are nicely spread over this period.
- SGY is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry. SGY outperforms 74% of them.
- SGY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SGY is lagging the market slightly.
- SGY has an average volume of 1076510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SGY has a been trading in the 8.34 - 9.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SGY.CA Weekly and Daily overview Charts
SGY.CA Setup Rating and Analysis
SGY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 8.56, a Stop Loss order could be placed below this zone.
More info and screens
SGY.CA Support and Resistance Analysis
6.42
3 important support areas can be observed.
- Support @8.56 from a horizontal 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.
- Resistance @9.41 from a horizontal line in the daily time frame.
SGY.CA Technical Indicator Signal Analysis
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 | 85.34 | POSITIVE | SGY.CA has a high relative strength, it outperformed 85.34% off all stocks 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) | 54.77 | 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) | 30.15 | NEUTRAL | The Stochastics value for SGY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for SGY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.15 | POSITIVE | The high ADX value value for SGY.CA suggests a strong trend. |
SGY.CA Chart- and CandleStick Pattern Analysis
SGY.CA Example Setup
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 |
|---|---|---|---|
| 9.42 | 8.55 | 0.87 (9.24%) | 10.83% |
| An entry @9.42. This is a Buy Stop order right above the resistance zone. | An exit @8.55. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.87 points, which is 9.24%. | When investing 10.83% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
SGY.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:SGY (4/10/2026, 7:00:00 PM)
8.96
+0.39 (+4.55%)
SURGE ENERGY INC / SGY.CA TA FAQ
What is the technical rating for SGY stock?
ChartMill assigns a technical rating of 10 / 10 to SGY.CA.
What is the trend direction for SGY stock?
The current trend direction for SURGE ENERGY INC (SGY.CA) is Bullish.
What is the RSI signal for SGY stock?
SURGE ENERGY INC (SGY.CA) has an RSI value of 54.774. This indicates that the stock is currently neutral.
What is the MACD signal for SURGE ENERGY INC (SGY.CA) stock?
The MACD indicator for SURGE ENERGY INC (SGY.CA) has a value of -0.0591405, indicating a bearish trend.
What is the support and resistance level for SGY stock?
SURGE ENERGY INC (SGY.CA) has a support level at 8.56 and a resistance level at 9.41. Check the full technical report for our detailed analysis of SGY.CA support and resistance levels.