STEP ENERGY SERVICES LTD (STEP.CA) Stock Technical Analysis
TSX:STEP - Toronto Stock Exchange - CA85859H1055 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to STEP. Although STEP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: STEP has an average volume of 26943 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 positive. This is looking good!
In the last month STEP has a been trading in the 3.76 - 4.71 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that STEP is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
STEP is an average performer in the Energy Equipment & Services industry, it outperforms 65% of 27 stocks in the same industry.
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.
Volume is considerably higher in the last couple of days.
Although STEP 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
3.40
4.72
5 important support areas can be observed.
- Support @3.92 from a trend line in the daily time frame.
- Support @3.84 from a trend line in the weekly time frame.
- Support @3.76 from a horizontal line in the daily time frame.
- Support @3.56 from a horizontal line in the weekly time frame.
- A support zone ranging from 3.43 to 3.48. 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 STEP.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for STEP.CA is up. |
| ChartMill Relative Strength | 72.24 | POSITIVE | STEP.CA has a high relative strength, it outperformed 72.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of STEP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of STEP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of STEP.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.7 | OVERBOUGHT | The high RSI value suggests STEP.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests STEP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.12 | OVERBOUGHT | The high Stochastics value suggests STEP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for STEP.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.4 | POSITIVE | The high ADX value value for STEP.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:STEP (7/11/2025, 7:00:00 PM)
4.67
-0.04 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.85%
1 Week5.66%
2 Weeks10.14%
1 Month20.98%
3 Month25.2%
6 Month3.78%
12 Month16.17%
2 Year19.74%
3 Year-4.89%
5 Year1097.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%3.13%
ATR Inc52.79%
Range Today0.24
ADR(20)0.13
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.24
Mansfield0.27
10 Day High4.71
10 Day Low4.1
20 Day High4.71
20 Day Low3.76
52 Week High5.26
52 Week Low3.35
CS1 End3.92
CR1 StartN/A
Volume & EV
DER(3)-9.25%
DER(5)-0.21%
Volume7.60K
Volume Incr26.09%
Vol(5)39.03K
Vol(50)26.94K