SOURCE ENERGY SERVICES LTD (SHLE.CA) Stock Technical Analysis
TSX:SHLE - Toronto Stock Exchange - CA83615X4075 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to SHLE. SHLE'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.
When comparing the yearly performance of all stocks, SHLE is a bad performer in the overall market: 78% of all stocks are doing better.
SHLE is part of the Energy Equipment & Services industry. There are 28 other stocks in this industry, of which 70% are performing better than SHLE.
SHLE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month SHLE has a been trading in the 10.50 - 13.58 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: SHLE has an average volume of 25015 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of SHLE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.57
14.91
We found 1 important resistance area.
- A resistance zone ranging from 14.62 to 14.76. 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
CRS22.04
Mansfield-2.19
10 Day High13.58
10 Day Low10.5
20 Day High13.58
20 Day Low10.5
52 Week High18.45
52 Week Low9.14
Performance
1 Week-16.1%
2 Weeks-17.08%
1 Month-21.18%
3 Month-34.92%
6 Month-8.8%
12 Month11.25%
2 Year232.71%
3 Year343.15%
5 Year709.09%
10 YearN/A
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)-0.14
RSI(14)24.62
LBB11.09
UBB14.12
TSX:SHLE (3/3/2025, 7:00:00 PM)
10.68
-1.03 (-8.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-8.8%
1 Week-16.1%
2 Weeks-17.08%
1 Month-21.18%
3 Month-34.92%
6 Month-8.8%
12 Month11.25%
2 Year232.71%
3 Year343.15%
5 Year709.09%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%5.83%
ATR Inc46.45%
Range Today1.2
ADR(20)0.57
ADR(20)%5.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.04
Mansfield-2.19
10 Day High13.58
10 Day Low10.5
20 Day High13.58
20 Day Low10.5
52 Week High18.45
52 Week Low9.14
CS1 EndN/A
CR1 Start14.62
Volume & EV
DER(3)-3.67%
DER(5)-1.17%
Volume113.33K
Volume Incr88.94%
Vol(5)53.35K
Vol(50)25.02K