STEP ENERGY SERVICES LTD (STEP.CA) Stock Technical Analysis
TSX:STEP - Toronto Stock Exchange - CA85859H1055 - Common Stock - Currency: CAD
Overall STEP gets a technical rating of 0 out of 10. STEP'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, STEP is a bad performer in the overall market: 68% of all stocks are doing better.
STEP 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.
STEP is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 72% of 26 stocks in the same industry.
In the last month STEP has a been trading in the 3.35 - 4.45 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.
Although the technical rating is bad, STEP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.15. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for STEP 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
3.39
4.65
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.77 to 3.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.42 to 3.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.15 to 4.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.32 from a trend line in the weekly time frame.
- A resistance zone ranging from 4.42 to 4.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.60 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.65
Mansfield-0.23
10 Day High3.99
10 Day Low3.35
20 Day High4.45
20 Day Low3.35
52 Week High5.26
52 Week Low3.35
Performance
1 Week4.83%
2 Weeks11.4%
1 Month-9.28%
3 Month-11.34%
6 Month11.08%
12 Month-3.22%
2 Year17.42%
3 Year-2.74%
5 Year902.56%
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)0.01
RSI(14)46.27
LBB3.53
UBB4.11
TSX:STEP (4/23/2025, 7:00:00 PM)
3.91
+0.02 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.51%
1 Week4.83%
2 Weeks11.4%
1 Month-9.28%
3 Month-11.34%
6 Month11.08%
12 Month-3.22%
2 Year17.42%
3 Year-2.74%
5 Year902.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%5.82%
ATR Inc-71.79%
Range Today0.06
ADR(20)0.21
ADR(20)%5.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.65
Mansfield-0.23
10 Day High3.99
10 Day Low3.35
20 Day High4.45
20 Day Low3.35
52 Week High5.26
52 Week Low3.35
CS1 End3.8
CR1 Start4.15
Volume & EV
DER(3)18.2%
DER(5)13.12%
Volume6.20K
Volume Incr-67.42%
Vol(5)9.13K
Vol(50)68.51K