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Surge Energy Inc.

SGY.TO Technical Analysis Summary (TSX)

Analyze SGY.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SGY.TO●TSX
EnergyOil & Gas Exploration & Production
$11.47
$0.45(3.78%)
Canadian Market opens in 0h 0m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SGY.TO Technical Analysis Summary (TSX)

Surge Energy Inc. (TSX: SGY.TO) stock currently shows a bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 51.66)
Trend Strength:Moderate (ADX: 21.35)
Volatility:Medium (ATR: 0.39)
Support/Resistance:$10.57 – $12.50 (Bollinger Bands)

Technical conditions suggest Surge Energy Inc. on the TSX is awaiting a decisive move. This mix signals that Surge Energy Inc. is trading with strong momentum and healthy trend support.

Momentum Indicators

RSI (14): 51.66

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 49.64

Neutral
Mid-range signal with no clear trend.

Williams %R: -66.13

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 3.05

Bullish
Steady upward momentum.

Takeaway:Surge Energy Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.35

Bullish
Bullish, trend momentum is strengthening.

ADX: 21.35

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.39

Low
Low volatility, stable price action.

CCI (14): -32.77

Bearish
Bearish, momentum remains under pressure.

Takeaway:Surge Energy Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$12.50
Middle Band (SMA 20)
$11.53
Lower Band
$10.57
Current Position
Within Bands

Takeaway:Surge Energy Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$12.33
Middle Line (EMA 20)
$11.55
Lower Channel
$10.78
Squeeze Status
No Squeeze

Takeaway:Surge Energy Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume9.02M
Money Flow Index56.27Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.75Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SGY.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Surge Energy Inc. (TSX: SGY.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Surge Energy Inc. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: SGY.TO) Technical Analysis FAQ