STEP ENERGY SERVICES LTD (STEP.CA) Stock Technical Analysis
TSX:STEP - Toronto Stock Exchange - CA85859H1055 - Common Stock - Currency: CAD
Taking everything into account, STEP scores 1 out of 10 in our technical rating. 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.
When comparing the yearly performance of all stocks, STEP is a bad performer in the overall market: 74% of all stocks are doing better.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
STEP is part of the Energy Equipment & Services industry. There are 28 other stocks in this industry, STEP did better than 51% of them.
STEP is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month STEP has a been trading in the 4.23 - 4.68 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. Prices have been consolidating lately. We notice that large players showed an interest for STEP in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.45
4.71
4 important support areas can be observed.
- A support zone ranging from 4.09 to 4.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.70 from a trend line in the weekly time frame.
- Support @3.56 from a horizontal line in the weekly time frame.
- Support @3.48 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.44 to 4.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.66 to 4.66. 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
CRS26.61
Mansfield0.1
10 Day High4.68
10 Day Low4.36
20 Day High4.68
20 Day Low4.23
52 Week High5.26
52 Week Low3.37
Performance
1 Week-2.22%
2 Weeks-1.12%
1 Month-0.45%
3 Month-12.85%
6 Month18.23%
12 Month-0.9%
2 Year31.25%
3 Year57.5%
5 Year1278.12%
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
RSI(14)46.49
LBB4.36
UBB4.64
TSX:STEP (3/3/2025, 7:00:00 PM)
4.41
-0.24 (-5.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-5.16%
1 Week-2.22%
2 Weeks-1.12%
1 Month-0.45%
3 Month-12.85%
6 Month18.23%
12 Month-0.9%
2 Year31.25%
3 Year57.5%
5 Year1278.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%2.57%
ATR Inc146.76%
Range Today0.28
ADR(20)0.11
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.61
Mansfield0.1
10 Day High4.68
10 Day Low4.36
20 Day High4.68
20 Day Low4.23
52 Week High5.26
52 Week Low3.37
CS1 End4.11
CR1 Start4.44
Volume & EV
DER(3)8.57%
DER(5)6.18%
Volume56.71K
Volume Incr-81.68%
Vol(5)28.68K
Vol(50)98.20K