STEP ENERGY SERVICES LTD (STEP.CA) Stock Technical Analysis
TSX:STEP • CA85859H1055
We assign a technical rating of 8 out of 10 to STEP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, STEP is showing a nice and steady performance.
- Warning: STEP has an average volume of 14471 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!
- When comparing the yearly performance of all stocks, we notice that STEP is one of the better performing stocks in the market, outperforming 75% of all stocks.
- STEP is part of the Energy Equipment & Services industry. There are 27 other stocks in this industry. STEP outperforms 73% of them.
- STEP is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month STEP has a been trading in a tight range between 5.47 and 5.50.
- Considerably lower volume is observed in the last couple of days.
STEP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.49, a Stop Loss order could be placed below this zone. 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
4.00
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.42 to 5.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.51 from a trend line in the daily time frame.
- Support @4.04 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.51 to 5.51. 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 | 75.09 | POSITIVE | STEP.CA has a high relative strength, it outperformed 75.09% 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) | 59.6 | NEUTRAL | The RSI value for STEP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests STEP.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 77.78 | NEUTRAL | The Stochastics value for STEP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.22 | LOW VOLATILITY | The low ATR as a percentage value for STEP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 76.3 | POSITIVE | The high ADX value value for STEP.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 5.52 | 5.47 | 0.05 (0.91%) | 25.00% |
| An entry @5.52. This is a Buy Stop order right above the resistance zone. | An exit @5.47. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 0.91%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.23%. |
- 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:STEP (12/17/2025, 7:00:00 PM)
5.49
-0.01 (-0.18%)
STEP ENERGY SERVICES LTD / STEP.CA FAQ
Can you provide the ChartMill technical rating for STEP ENERGY SERVICES LTD?
ChartMill assigns a technical rating of 8 / 10 to STEP.CA.
What is the current trend direction of STEP ENERGY SERVICES LTD (STEP.CA) stock?
The current trend direction for STEP ENERGY SERVICES LTD (STEP.CA) is Bullish.
Can you provide the RSI signal for STEP ENERGY SERVICES LTD?
STEP ENERGY SERVICES LTD (STEP.CA) has an RSI value of 59.6021. This indicates that the stock is currently neutral.
What is the MACD signal for STEP ENERGY SERVICES LTD (STEP.CA) stock?
The MACD indicator for STEP ENERGY SERVICES LTD (STEP.CA) has a value of -0.00547823, indicating a bearish trend.
What is the buy/sell signal for STEP stock?
The buy/sell signal for STEP ENERGY SERVICES LTD (STEP.CA) is buy as both the short term and long term trends are positive.