SURGE ENERGY INC (SGY.CA) Stock Technical Analysis
TSX:SGY - Toronto Stock Exchange - CA86880Y8779 - Common Stock - Currency: CAD
Overall SGY gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SGY is a bad performer.
When comparing the yearly performance of all stocks, SGY is a bad performer in the overall market: 79% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
SGY is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, SGY did better than 40% 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.
In the last month SGY has a been trading in the 5.35 - 6.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although SGY has an excellent technical rating, it does not present a decent entry opportunity 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
5.95
6.77
When analyzing the support we notice one important area.
- A support zone ranging from 6.01 to 6.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- Resistance @6.52 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.70 to 6.70. 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 | 21.76 | NEGATIVE | SGY.CA has a low relative strength, it was outperformed by 78.24% 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) | 58.39 | NEUTRAL | The RSI value for SGY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SGY.CA has a negative trend. |
| Stochastics (14,3) | 44.61 | NEUTRAL | The Stochastics value for SGY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for SGY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.65 | POSITIVE | The high ADX value value for SGY.CA suggests a strong 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 (6/27/2025, 7:00:00 PM)
6.17
+0.05 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.82%
1 Week-7.77%
2 Weeks1.98%
1 Month15.98%
3 Month-0.8%
6 Month11.37%
12 Month-12.23%
2 Year-12.36%
3 Year-32.27%
5 Year113.49%
10 Year-79.49%
15 Year-86.92%
Volatility
ATR(14)0.21
ATR(20)%3.08%
ATR Inc-41.86%
Range Today0.11
ADR(20)0.17
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.76
Mansfield-0.17
10 Day High6.75
10 Day Low5.96
20 Day High6.75
20 Day Low5.35
52 Week High7.36
52 Week Low4.37
CS1 End6.05
CR1 Start6.52
Volume & EV
DER(3)5.14%
DER(5)0.81%
Volume515.57K
Volume Incr60.68%
Vol(5)795.64K
Vol(50)452.01K