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 8 out of 10. Although SGY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
SGY is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 84% of 207 stocks in the same industry.
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.
In the last month SGY has a been trading in the 5.93 - 6.83 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, SGY did better than 74% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SGY has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.99
6.88
When analyzing the support we notice one important area.
- Support @6.05 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.81 to 6.81. 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 | 74.68 | POSITIVE | SGY.CA has a high relative strength, it outperformed 74.68% 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) | 70.12 | OVERBOUGHT | The high RSI value suggests SGY.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SGY.CA has a positive trend. |
| Stochastics (14,3) | 86.47 | OVERBOUGHT | The high Stochastics value suggests SGY.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for SGY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.56 | 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 (7/11/2025, 7:00:00 PM)
6.8
+0.26 (+3.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.98%
1 Week9.32%
2 Weeks11.11%
1 Month15.65%
3 Month48.47%
6 Month9.32%
12 Month-3.27%
2 Year-17.87%
3 Year-33.07%
5 Year150%
10 Year-66.24%
15 Year-85.19%
Volatility
ATR(14)0.2
ATR(20)%3.11%
ATR Inc21.39%
Range Today0.24
ADR(20)0.19
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.68
Mansfield0.78
10 Day High6.83
10 Day Low6.05
20 Day High6.83
20 Day Low5.93
52 Week High7.29
52 Week Low4.37
CS1 End6.05
CR1 Start6.81
Volume & EV
DER(3)3.66%
DER(5)6.33%
Volume796.33K
Volume Incr4.22%
Vol(5)684.85K
Vol(50)492.36K