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Bullboard - Stock Discussion Forum Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

Surge Energy Inc. is a Canada-based oil focused exploration and production company. The Company’s business consists of the exploration, development and production of oil and gas from properties in western Canada. Its operations include Sparky and SE Saskatchewan. Its supporting assets include Valhalla, and Greater Sawn. The Sparky operation offers light/medium crude oil production with... see more

TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > Algos done their job this afternoon !!!
View:
Post by red2000 on Jun 08, 2022 8:38pm

Algos done their job this afternoon !!!

I made a daily survey of 43 energy stocks, and for me , algos done their job today.
See below...
32 of them reach their 52 week high today 
At the end of the day, the close was around a 3% decline compare to the 52 WH !
Surge decline was only 2,32% !!!

I think the algos start around 5% and Shorts covering after to take their profit !!
It's my understanding, for sure it was synchronize !



    Close june 8 52 Week High 52 week high date % decline
Nbr. Ticker  $ S/P today   $ S/P     
1 AAV      11,52  $  12,00  $ 2022-06-08 4,17%
2 ARX      22,14  $  22,88  $ 2022-06-08 3,34%
3 ATH        3,30  $     3,44  $ 2022-06-08 4,24%
4 BIR      12,32  $  12,48  $ 2022-06-08 1,30%
5 BNE      13,01  $  13,75  $ 2022-06-08 5,69%
6 BTE        8,75  $     9,06  $ 2022-06-08 3,54%
7 CEU        3,01  $     3,11  $ 2022-06-08 3,32%
8 CPG      13,46  $  13,74  $ 2022-06-08 2,08%
9 CVE      30,79  $  31,19  $ 2022-06-08 1,30%
10 ENB      59,23  $  59,69  $ 2022-06-08 0,78%
11 ERF      22,63  $  23,29  $ 2022-06-08 2,92%
12 FRU      16,62  $  17,00  $ 2022-06-08 2,29%
13 GTE        2,62  $     2,69  $ 2022-06-08 2,67%
14 HWX        7,93  $     8,18  $ 2022-06-08 3,15%
15 JOY        7,71  $     7,94  $ 2022-06-08 2,98%
16 KEL        8,04  $     8,32  $ 2022-06-08 3,48%
17 LOU        0,93  $     0,97  $ 2022-06-08 4,30%
18 MEG      24,16  $  24,47  $ 2022-06-08 1,28%
19 NVA      13,94  $  14,29  $ 2022-06-08 2,51%
20 OBE      14,90  $  15,67  $ 2022-06-08 5,17%
21 OVV      77,04  $  79,28  $ 2022-06-08 2,91%
22 PEY      16,63  $  17,13  $ 2022-06-08 3,01%
23 PIPE        6,46  $     6,72  $ 2022-06-08 4,02%
24 PNE        2,03  $     2,05  $ 2022-06-08 0,99%
25 PPR        0,31  $     0,33  $ 2022-06-08 6,45%
26 SGY      13,37  $  13,68  $ 2022-06-08 2,32%
27 SU      53,33  $  53,48  $ 2022-06-08 0,28%
28 TCW        4,78  $     4,90  $ 2022-06-08 2,51%
29 TVE        6,36  $     6,48  $ 2022-06-08 1,89%
30 VET      31,41  $  31,80  $ 2022-06-08 1,24%
31 WCP      12,54  $  12,71  $ 2022-06-08 1,36%
32  XEG       18,51  $  18,67  $ 2022-06-08 0,86%
        AVG. 2,76%
 
Comment by llerrad5 on Jun 09, 2022 12:24pm
The RSI 's were getting quite high on several I chaecked so time for a correction before moving higher.
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