SOURCE ENERGY SERVICES LTD (SHLE.CA) Technical Analysis
TSX:SHLE • CA83615X4075
Current stock price
SHLE.CA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to SHLE. SHLE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month SHLE has a been trading in the 13.92 - 16.92 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: SHLE has an average volume of 23995 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Looking at the yearly performance, SHLE did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- SHLE is an average performer in the Energy Equipment & Services industry, it outperforms 42% of 27 stocks in the same industry.
- SHLE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SHLE is lagging the market slightly.
SHLE.CA Weekly and Daily overview Charts
SHLE.CA Setup Rating and Analysis
The technical rating of SHLE is bad and it also does not present a quality setup 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
SHLE.CA Support and Resistance Analysis
14.05
3 important support areas can be observed.
- Support @14.74 from a horizontal line in the weekly time frame.
- Support @14.44 from a horizontal line in the daily time frame.
- Support @14.19 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 15.16 to 15.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 16.48 to 16.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @17.61 from a horizontal line in the weekly time frame.
SHLE.CA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for SHLE.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHLE.CA is down. |
| ChartMill Relative Strength | 76.96 | POSITIVE | SHLE.CA has a high relative strength, it outperformed 76.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHLE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHLE.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHLE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.33 | NEUTRAL | The RSI value for SHLE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests SHLE.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.57 | NEUTRAL | The Stochastics value for SHLE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.81 | MEDIUM VOLATILITY | The ATR as a percentage value for SHLE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.55 | POSITIVE | The high ADX value value for SHLE.CA suggests a strong trend. |
SHLE.CA Chart- and CandleStick Pattern Analysis
SHLE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:SHLE (4/2/2026, 7:00:00 PM)
14.75
+0.3 (+2.08%)
SOURCE ENERGY SERVICES LTD / SHLE.CA TA FAQ
What is the ChartMill technical rating of SOURCE ENERGY SERVICES LTD (SHLE.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to SHLE.CA.
Can you provide the trend direction for SOURCE ENERGY SERVICES LTD?
The current trend direction for SOURCE ENERGY SERVICES LTD (SHLE.CA) is Bearish.
Can you provide the RSI signal for SOURCE ENERGY SERVICES LTD?
SOURCE ENERGY SERVICES LTD (SHLE.CA) has an RSI value of 36.3303. This indicates that the stock is currently neutral.
What is the short term momentum for SHLE stock?
The short term momentum for SOURCE ENERGY SERVICES LTD (SHLE.CA) is negative.
Can you provide the support and resistance levels for SOURCE ENERGY SERVICES LTD?
SOURCE ENERGY SERVICES LTD (SHLE.CA) has a support level at 14.74 and a resistance level at 15.16. Check the full technical report for our detailed analysis of SHLE.CA support and resistance levels.