SURGE ENERGY INC (SGY.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:SGY - CA86880Y8779 - Common Stock
Taking everything into account, SGY scores 0 out of 10 in our technical rating. SGY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SGY has a poor technical rating and the quality of the setup is also only medium 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
6.38
We found 1 important support area.
- A support zone ranging from 6.44 to 6.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @6.62 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 6.77 to 7.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.44 to 7.49. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @7.64 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for SGY.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SGY.CA is down. |
| ChartMill Relative Strength | 29.04 | NEGATIVE | SGY.CA has a low relative strength, it was outperformed by 70.96% 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) | DOWN | NEGATIVE | The current price of SGY.CA is below a declining 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) | 41.37 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 16.11 | OVERSOLD | The low Stochastics value suggests SGY.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for SGY.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.08 | NEUTRAL | The ADX value for SGY.CA suggests a possible start of a new trend. |
TSX:SGY (1/9/2026, 7:00:00 PM)
6.6
+0.04 (+0.61%)
SURGE ENERGY INC / SGY.CA FAQ
What is the technical rating for SGY stock?
ChartMill assigns a technical rating of 0 / 10 to SGY.CA.
What is the trend direction for SGY stock?
The current trend direction for SURGE ENERGY INC (SGY.CA) is Bearish.
Can you provide the RSI signal for SURGE ENERGY INC?
SURGE ENERGY INC (SGY.CA) has an RSI value of 41.3739. 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 -0.0236676, indicating a bearish trend.
What is the short term momentum for SGY stock?
The short term momentum for SURGE ENERGY INC (SGY.CA) is negative.