STEP ENERGY SERVICES LTD (STEP.CA) Stock Technical Analysis
Canada - TSX:STEP - CA85859H1055 - Common Stock
Taking everything into account, STEP scores 8 out of 10 in our technical rating. 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.
Besides having an excellent technical rating, STEP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 5.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.47, a Stop Loss order could be placed below this zone.
More info and screens
3.45
5 important support areas can be observed.
- A support zone ranging from 5.37 to 5.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.35 from a trend line in the daily time frame.
- Support @3.99 from a trend 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.
We found 1 important resistance area.
- A resistance zone ranging from 5.49 to 5.49. 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 | 68.41 | NEUTRAL | STEP.CA is not amongst the best or worst performers 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) | 71.5 | OVERBOUGHT | The high RSI value suggests STEP.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests STEP.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 93.33 | OVERBOUGHT | The high Stochastics value suggests STEP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.44 | LOW VOLATILITY | The low ATR as a percentage value for STEP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 57.3 | 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 |
|---|---|---|---|
| 5.50 | 5.44 | 0.06 (1.09%) | 25.00% |
| An entry @5.50. This is a Buy Stop order right above the resistance zone. | An exit @5.44. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.06 points, which is 1.09%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.27%. |
- 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 (11/7/2025, 7:00:00 PM)
5.48
0 (0%)
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.
Can you provide the trend direction for STEP ENERGY SERVICES LTD?
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 71.5035. This indicates that the stock is currently overbought.
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 -0.0320123, indicating a bearish trend.
Can you provide the short term momentum for STEP ENERGY SERVICES LTD?
The short term momentum for STEP ENERGY SERVICES LTD (STEP.CA) is positive.