SURGE ENERGY INC (SGY.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:SGY - CA86880Y8779 - Common Stock
7.19 CAD
-0.19 (-2.57%)
Overall SGY gets a technical rating of 8 out of 10. In the last year, SGY was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that SGY is one of the better performing stocks in the market, outperforming 71% of all stocks. On top of that, SGY also shows a nice and consistent pattern of rising prices.
SGY is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 78% of 218 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 6.87 - 7.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.41
7.78
3 important support areas can be observed.
- Support @6.87 from a trend line in the daily time frame.
- A support zone ranging from 6.60 to 6.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.47 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.34 to 7.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.64 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 | 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 | 71.53 | POSITIVE | SGY.CA has a high relative strength, it outperformed 71.53% off all stocks 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 | 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) | 48.33 | NEUTRAL | The RSI value for SGY.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SGY.CA has a negative trend. |
| Stochastics (14,3) | 30.72 | NEUTRAL | The Stochastics value for SGY.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for SGY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.8 | NEUTRAL | The ADX value for SGY.CA suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 7.39 | 7.11 | 0.28 (3.84%) | 25.00% |
| An entry @7.39. This is a Buy Stop order right above the 10 day moving average. | An exit @7.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.28 points, which is 3.84%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- 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 (12/9/2025, 7:00:00 PM)
7.19
-0.19 (-2.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.57%
1 Week-2.31%
2 Weeks-1.1%
1 Month-0.69%
3 Month5.27%
6 Month18.84%
12 Month36.95%
2 Year10.96%
3 Year-21.08%
5 Year181.96%
10 Year-59.91%
15 Year-88.38%
Volatility
ATR(14)0.2
ATR(20)%3.14%
ATR Inc4.21%
Range Today0.29
ADR(20)0.21
ADR(20)%2.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.53
3 months CRS63.37
6 months CRS66.55
Mansfield0.46
10 Day High7.61
10 Day Low7.12
20 Day High7.85
20 Day Low6.87
52 Week High7.85
52 Week Low4.37
CS1 End6.87
CR1 Start7.34
Volume & EV
DER(3)0.69%
DER(5)-0.02%
Volume780.54K
Volume Incr-2.99%
Vol(5)659.01K
Vol(50)628.38K
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.
Can you provide the trend direction for SURGE ENERGY INC?
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 48.3317. This indicates that the stock is currently neutral.
What is the short term momentum for SGY stock?
The short term momentum for SURGE ENERGY INC (SGY.CA) is neutral.