Echelon Financial Holdings Inc (EFH.CA) Stock Technical Analysis
TSX:EFH - Toronto Stock Exchange -
We assign a technical rating of 1 out of 10 to EFH. EFH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
EFH is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EFH is lagging the market.
EFH is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: EFH has an average volume of 6142 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, EFH did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Although the technical rating is bad, EFH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.98, a Stop Loss order could be placed below this zone.
More info and screens
1.96
2.28
When analyzing the support we notice one important area.
- A support zone ranging from 1.98 to 1.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.00 to 2.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.23 to 2.26. 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
CRS75.81
Mansfield-0.91
10 Day High2.03
10 Day Low1.99
20 Day High2.25
20 Day Low1.99
52 Week High3.9
52 Week Low1.35
Performance
1 Week0%
2 Weeks-0.99%
1 Month-2.44%
3 Month-12.66%
6 Month-31.51%
12 Month35.14%
2 YearN/A
3 YearN/A
5 YearN/A
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)42.55
LBB1.98
UBB2.04
Echelon Financial Holdings Inc
TSX:EFH (2/18/2022, 7:00:00 PM)
2
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0%
2 Weeks-0.99%
1 Month-2.44%
3 Month-12.66%
6 Month-31.51%
12 Month35.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%2.9%
ATR Inc-91.57%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.81
Mansfield-0.91
10 Day High2.03
10 Day Low1.99
20 Day High2.25
20 Day Low1.99
52 Week High3.9
52 Week Low1.35
CS1 End1.98
CR1 Start2
Volume & EV
DER(3)0%
DER(5)0%
Volume3.80K
Volume Incr43.84%
Vol(5)9.00K
Vol(50)6.14K