SOURCE ENERGY SERVICES LTD (SHLE.CA) Technical Analysis
TSX:SHLE • CA83615X4075
Current stock price
SHLE.CA Technical Rating and Analysis
Taking everything into account, SHLE scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month SHLE has a been trading in the 15.13 - 18.00 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: SHLE has an average volume of 27086 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When comparing the yearly performance of all stocks, we notice that SHLE is one of the better performing stocks in the market, outperforming 77% of all stocks. On top of that, SHLE also shows a nice and consistent pattern of rising prices.
- SHLE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SHLE is performing more or less in line with the market.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- SHLE is part of the Energy Equipment & Services industry. There are 28 other stocks in this industry, SHLE did better than 40% of them.
SHLE.CA Weekly and Daily overview Charts
SHLE.CA Setup Rating and Analysis
Although the technical rating is only medium, SHLE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 15.95, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SHLE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
SHLE.CA Support and Resistance Analysis
14.05
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.48 to 15.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.19 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.61 to 17.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for SHLE.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHLE.CA is down. |
| ChartMill Relative Strength | 77.94 | POSITIVE | SHLE.CA has a high relative strength, it outperformed 77.94% 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) | UP | MIXED | The current price of SHLE.CA is below 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) | 44.37 | NEUTRAL | The RSI value for SHLE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SHLE.CA has a negative trend. |
| Stochastics (14,3) | 46.88 | NEUTRAL | The Stochastics value for SHLE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for SHLE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.69 | NEUTRAL | The ADX value for SHLE.CA suggests a possible start of a new trend. |
SHLE.CA Chart- and CandleStick Pattern Analysis
SHLE.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.91 | 15.47 | 1.44 (8.52%) | 11.74% |
| An entry @16.91. This is a Buy Stop order right above the 10 day high. | An exit @15.47. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.44 points, which is 8.52%. | When investing 11.74% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SHLE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:SHLE (3/20/2026, 7:00:00 PM)
16.04
-0.45 (-2.73%)
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 6 / 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 44.3677. 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 -0.0781545, indicating a bearish trend.
What is the buy/sell signal for SOURCE ENERGY SERVICES LTD (SHLE.CA) stock?
The buy/sell signal for SOURCE ENERGY SERVICES LTD (SHLE.CA) is hold as the short term and long term trends are mixed.