SOURCE ENERGY SERVICES LTD (SHLE.CA) Stock Technical Analysis
TSX:SHLE • CA83615X4075
17.19 CAD
+0.22 (+1.3%)
Last: Feb 24, 2026, 07:00 PM
Overall SHLE gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SHLE is showing a nice and steady performance.
- Warning: SHLE has an average volume of 27699 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that SHLE is one of the better performing stocks in the market, outperforming 74% of all stocks.
- SHLE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SHLE is lagging the market slightly.
- SHLE is an average performer in the Energy Equipment & Services industry, it outperforms 69% of 27 stocks in the same industry.
- In the last month SHLE has a been trading in the 15.62 - 18.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SHLE also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
14.05
18.10
When analyzing the support we can see 4 important areas.
- A support zone ranging from 16.79 to 16.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.10 to 16.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.62 from a horizontal line in the daily time frame.
- Support @14.19 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.55 to 17.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for SHLE.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SHLE.CA is neutral. |
| ChartMill Relative Strength | 74.36 | POSITIVE | SHLE.CA has a high relative strength, it outperformed 74.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHLE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHLE.CA is above the rising 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) | 53.83 | NEUTRAL | The RSI value for SHLE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SHLE.CA has a negative trend. |
| Stochastics (14,3) | 59.23 | NEUTRAL | The Stochastics value for SHLE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for SHLE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.38 | NEGATIVE | The low ADX value for SHLE.CA suggests a weak or negative trend. |
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)
TSX:SHLE (2/24/2026, 7:00:00 PM)
17.19
+0.22 (+1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.3%
1 Week-4.07%
2 Weeks4.06%
1 Month5.98%
3 Month40.33%
6 Month20.89%
12 Month46.8%
2 Year107.11%
3 Year437.19%
5 Year561.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%4.85%
ATR Inc-0.71%
Range Today0.66
ADR(20)0.74
ADR(20)%4.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.36
3 months CRS84.83
6 months CRS65.45
Mansfield2.23
10 Day High18.4
10 Day Low16.5
20 Day High18.4
20 Day Low15.62
52 Week High18.4
52 Week Low6.79
CS1 End16.96
CR1 Start17.55
Volume & EV
DER(3)-27.16%
DER(5)-22.56%
Volume10.19K
Volume Incr-41.55%
Vol(5)14.80K
Vol(50)27.70K
SOURCE ENERGY SERVICES LTD / SHLE.CA FAQ
What is the ChartMill technical rating of SOURCE ENERGY SERVICES LTD (SHLE.CA) stock?
ChartMill assigns a technical rating of 8 / 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 Bullish.
What is the RSI signal for SOURCE ENERGY SERVICES LTD (SHLE.CA) stock?
SOURCE ENERGY SERVICES LTD (SHLE.CA) has an RSI value of 53.8321. This indicates that the stock is currently neutral.
What is the MACD signal for SOURCE ENERGY SERVICES LTD (SHLE.CA) stock?
The MACD indicator for SOURCE ENERGY SERVICES LTD (SHLE.CA) has a value of -0.0432372, indicating a bearish trend.