STEP ENERGY SERVICES LTD (STEP.CA) Stock Technical Analysis
TSX:STEP - CA85859H1055 - Common Stock
4.32 CAD
-0.04 (-0.92%)
Taking everything into account, STEP scores 4 out of 10 in our technical rating. In the last year, STEP was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Warning: STEP has an average volume of 18736 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, STEP outperforms 43% of them, which is more or less in line with the market.
STEP is part of the Energy Equipment & Services industry. There are 27 other stocks in this industry, STEP did better than 50% of them.
STEP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so STEP is lagging the market.
In the last month STEP has a been trading in the 3.86 - 4.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
STEP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for STEP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.45
4.77
When analyzing the support we can see 6 important areas.
- A support zone ranging from 4.25 to 4.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.13 to 4.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.90 from a trend line in the weekly time frame.
- Support @3.72 from a horizontal line in the weekly time frame.
- Support @3.56 from a horizontal line in the weekly time frame.
- Support @3.48 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.55 to 4.72. 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 | NEUTRAL | NEUTRAL | The long term trend for STEP.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for STEP.CA is neutral. |
| ChartMill Relative Strength | 43.21 | NEUTRAL | STEP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of STEP.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of STEP.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of STEP.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.53 | NEUTRAL | The RSI value for STEP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests STEP.CA has a positive trend. |
| Stochastics (14,3) | 88.36 | OVERBOUGHT | The high Stochastics value suggests STEP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for STEP.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.92 | NEUTRAL | The ADX value for STEP.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)
TSX:STEP (8/29/2025, 7:00:00 PM)
4.32
-0.04 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.92%
1 Week4.1%
2 Weeks0.47%
1 Month-1.82%
3 Month11.05%
6 Month-7.1%
12 Month0.93%
2 Year9.37%
3 Year-33.02%
5 Year819.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%2.06%
ATR Inc112.5%
Range Today0.12
ADR(20)0.08
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.21
Mansfield-0.68
10 Day High4.36
10 Day Low3.86
20 Day High4.45
20 Day Low3.86
52 Week High5.26
52 Week Low3.35
CS1 End4.3
CR1 Start4.55
Volume & EV
DER(3)32.73%
DER(5)4.06%
Volume6.36K
Volume Incr-45.04%
Vol(5)7.67K
Vol(50)18.74K