TSX:EFN-PR-C - Toronto Stock Exchange - CA2861818391 - Currency: CAD
We assign a technical rating of 2 out of 10 to EFN-PR-C. In the last year, EFN-PR-C was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Although the technical rating is bad, EFN-PR-C does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 24.97, a Stop Loss order could be placed below this zone.
23.52
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 EFN-PR-C.CA is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EFN-PR-C.CA is down. |
ChartMill Relative Strength | 44.58 | NEUTRAL | EFN-PR-C.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EFN-PR-C.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EFN-PR-C.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EFN-PR-C.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 39.24 | NEUTRAL | The RSI value for EFN-PR-C.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EFN-PR-C.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 8.53 | OVERSOLD | The low Stochastics value suggests EFN-PR-C.CA may be oversold. |
Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for EFN-PR-C.CA suggests low volalility. |
Average Directional Index/ADX (14) | 32.91 | POSITIVE | The high ADX value value for EFN-PR-C.CA suggests a strong trend. |
ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP
TSX:EFN-PR-C (6/28/2024, 7:00:00 PM)
25
+0.02 (+0.08%)