ENCORE ENERGY CORP (EU.CA) Stock Technical Analysis
TSX-V:EU - TSX Venture Exchange - CA29259W7008 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to EU. EU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
90% of all other stocks performed better in the past year than EU.
EU is part of the Oil, Gas & Consumable Fuels industry. There are 220 other stocks in this industry, of which 77% are performing better than EU.
EU is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month EU has a been trading in the 4.15 - 5.36 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
EU has a poor technical rating and the quality of the setup is also only medium 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
4.10
6.10
We found 1 important support area.
- A support zone ranging from 4.14 to 4.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- Resistance @5.14 from a trend line in the daily time frame.
- A resistance zone ranging from 5.31 to 5.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.53 from a trend line in the daily time frame.
- Resistance @5.70 from a trend line in the weekly time frame.
- A resistance zone ranging from 5.99 to 6.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.58
Mansfield-2.98
10 Day High5.08
10 Day Low4.15
20 Day High5.36
20 Day Low4.15
52 Week High6.91
52 Week Low4.1
Performance
1 Week-13.18%
2 Weeks-17.49%
1 Month-14.96%
3 Month-21.4%
6 Month-2.58%
12 Month-36.15%
2 Year31.75%
3 Year-10.75%
5 Year1006.67%
10 Year4511.11%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)34.28
LBB4.13
UBB5.35
ENCORE ENERGY CORP
TSX-V:EU (2/7/2025, 7:00:00 PM)
4.15
-0.13 (-3.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.04%
1 Week-13.18%
2 Weeks-17.49%
1 Month-14.96%
3 Month-21.4%
6 Month-2.58%
12 Month-36.15%
2 Year31.75%
3 Year-10.75%
5 Year1006.67%
10 Year4511.11%
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%6.07%
ATR Inc-11.78%
Range Today0.15
ADR(20)0.23
ADR(20)%5.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.58
Mansfield-2.98
10 Day High5.08
10 Day Low4.15
20 Day High5.36
20 Day Low4.15
52 Week High6.91
52 Week Low4.1
CS1 End4.14
CR1 Start5.14
Volume & EV
DER(3)-7.82%
DER(5)-5.85%
Volume120.34K
Volume Incr11.66%
Vol(5)243.78K
Vol(50)189.37K