Technical analysis from Surge Energy Inc (SGY.TO.TO, TSE:SGY.TO) on the Toronto Stock Exchange (TSX). Download the latest price data & trading signals

Surge Energy Inc
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Surge Energy Inc is no longer oversold
Money Flow Index /
Surge Energy Inc is no longer oversold

[NEUTRAL]: Surge Energy Inc current trading has closed out money flow index overbought status and signalled the initiation of normal trading conditions. Currently, the MFI is 23.96. The previous bearish signal was active for 0 days. During the quarter, the highest MFI value was 77.11.

Trading for Surge Energy Inc highlights the commitment of buyers to carry positions overnight.
Close Tod Vs Range Tod /
Trading for Surge Energy Inc highlights the commitment of buyers to carry positions overnight.

[BULLISH]: Surge Energy Inc buyers are in control at the market close. There has been 5 consecutive days of prices closing in the upper part of the trading range for Surge Energy Inc adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 21 trading days with the closing price in the upper part of the range giving a confirmation ratio of 33.9%. Over the last month there has been 5 trading days with the closing price in the upper range giving a confirmation ratio of 50%. Currently this quarter, closing price has spent 7 days in the upper price range compared to 7 days in the lower range giving a ratio of 1x.

Moving Average Envelope /
Oversold signal continues for Surge Energy Inc indicating upward price movement is likely

[BULLISH]: Surge Energy Inc current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 1.8430.

Closing Price /
Surge Energy Inc: Daily performance is -0.5 % [Downtrend]

[BEARISH]: Surge Energy Inc current downtrend in the first timeframe. Currently, the Close is $1.86.

Average True Range /
Surge Energy Inc: Average True Range (0.081) has confirmed an downtrend is present

SGY: Average True Range Recent Trading -> (1) 15 Feb: 0.081 (2) 14 Feb: 0.083 (3) 13 Feb: 0.077

Rate of Change /
14-day rate of change is decreasing for Surge Energy Inc

[BEARISH]: Surge Energy Inc currently has negative rate of change of -10.6%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

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Detrended Price Oscillator /
Surge Energy Inc: Detrended Price Oscillator(20) is -0.21

SGY: DPO Recent Trading -> (1) 15 Feb: -0.21 (2) 14 Feb: -0.2115 (3) 13 Feb: -0.32

Elders Force Index (-12172) has signalled bearish conditions in recent trading for SGY
Elders Force Index /
Elders Force Index (-12172) has signalled bearish conditions in recent trading for SGY

[BEARISH]: Surge Energy Inc current price has highlighted recent selling pressure. Currently, the Elders Force Index is -12172.

The EMA trend following signal is still current for Surge Energy Inc [Bullish]
Exponential Moving Average /
The EMA trend following signal is still current for Surge Energy Inc [Bullish]

[BULLISH]: Surge Energy Inc currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.5%.

MACD Volume /
The volume MACD continues to rise above the signal line for SGY [Bullish]

[BULLISH]: Surge Energy Inc currently has positive Volume MACD of 36911. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Percentage Price /
Signal line is still below the EMA for Surge Energy Inc producing negative momentum

SGY: PPO Recent Trading -> (1) 15 Feb: -3.613 (2) 14 Feb: -3.956 (3) 13 Feb: -4.391

Demarks Pivot Points /
DeMark pivot point for SGY is bullish. Stoploss should be positioned @$1.81

Surge Energy Inc has broken the first DeMark resistance point ($1.845) [Bullish]. Look for a long limit order entry near this point. Exit price for SGY should be set @$1.87 & Stoploss for Surge Energy Inc should be set at $1.81

Strong price performance from SGY has seen a lower low of 5.8 % [Uptrend]
Low Price /
Strong price performance from SGY has seen a lower low of 5.8 % [Uptrend]

[BEARISH]: Surge Energy Inc current uptrend in the first timeframe. Currently, the Low is $1.82 (5.8 %).

Surge Energy Inc: Daily high performance is 0 % [Uptrend]
High Price /
Surge Energy Inc: Daily high performance is 0 % [Uptrend]

SGY: HIGH Current Signal -> (1) 15 Feb: NEUTRAL (2) 14 Feb: BULLISH (3) 13 Feb: BEARISH

Price Range /
[Bearish]: Range has decreased for SGY during the last trading session

[BEARISH]: Surge Energy Inc current downtrend in the first timeframe. Currently, the Range is $0.06.

Sine Weighted Moving Average /
[Bullish]: SWMA(5) is serving as a support line for Surge Energy Inc

[BULLISH]: Surge Energy Inc currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.5%.

Volume /
[Bearish]: Lower volume has formed for SGY by -42.9 during the last trading session

[BEARISH]: Surge Energy Inc current volume downtrend in the first timeframe. Volume for SGY is852279 (-42.9).

Price for SGY has opened stronger than close of the previous trading session
Opening Price /
Price for SGY has opened stronger than close of the previous trading session

SGY: OPEN Recent Trading -> (1) 15 Feb: 1.88 (2) 14 Feb: 1.75 (3) 13 Feb: 1.78

Surge Energy Inc: Average Directional Index (25.77)
Average Directional Movement /
Surge Energy Inc: Average Directional Index (25.77)

[Trend]: ADX for SGY has confirmed a strong trend is presentSurge Energy Inc has an ATR(14) of 0.081, a DX of 16.14 & an ADX(14) of 25.77

Drawdown for Surge Energy Inc is currently high signalling high stress
Ulcer Index /
Drawdown for Surge Energy Inc is currently high signalling high stress

[BULLISH]: Surge Energy Inc UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 14.082.

Chaikin Money Flow /
CMF has negative divergence between price and volume

[BEARISH]: Surge Energy Inc current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.07. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.32

Open Tod Vs Close Tod /
Open/close reversal: Sellers have lost control during the trading day for Surge Energy Inc

SGY: Open today versus close yesterday Current Signal ->(1) 15 Feb: BULLISH (2) 14 Feb: BULLISH STRONG (3) 13 Feb: BEARISH WEAK

Triangular Moving Average /
[Uptrend]: Recent trading for SGY indicates ST trend is likely to continue

[BULLISH]: Surge Energy Inc currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.5%.

Percentage Volume /
Surge Energy Inc: Percentage Volume Oscillator (4.7)

SGY: PVO Current Signal -> (1) 15 Feb: BULLISH (2) 14 Feb: BULLISH CROSSOVER (3) 13 Feb: BEARISH

Daily trading has maintained an Downtrend medium trend for Surge Energy Inc
Medium Trend /
Daily trading has maintained an Downtrend medium trend for Surge Energy Inc

SGY: Medium Term Current Signal -> (1) 15 Feb: BEARISH (2) 14 Feb: BEARISH (3) 13 Feb: BEARISH

Price was difficult to move upward in recent trading on high volume causing an uptrend in price for SGY
Ease of Movement /
Price was difficult to move upward in recent trading on high volume causing an uptrend in price for SGY

SGY: EOM Current Signal -> (1) 15 Feb: BULLISH HARD (2) 14 Feb: BULLISH HARD (3) 13 Feb: BEARISH HARD

Fibonacci Extensions /
Limit order for a short position has been identified for Surge Energy Inc @$1.26

Surge Energy Inc: The current Fibonacci Extension levels are: (23.61%) $1.72: (38.2%) $1.8: (50%) $1.87: (61.8%) $1.94The current support levels are: (78.6%) $2.04: (100%) $2.16: (138.2%) $2.38: (161.8%) $2.52: (261.8%) $3.1: (423.61%) $4.04

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