ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP (EFN-PR-C.CA) Stock Technical Analysis
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.
EFN-PR-C is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EFN-PR-C is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, EFN-PR-C outperforms 44% of them, which is more or less in line with the market.
EFN-PR-C is part of the Commercial Services & Supplies industry. There are 24 other stocks in this industry, EFN-PR-C did better than 47% of them.
In the last month EFN-PR-C has a been trading in a tight range between 24.95 and 25.38.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
23.52
25.63
2 important support areas can be observed.
- A support zone ranging from 24.80 to 24.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.76 to 24.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.06 to 25.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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. |
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)
ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP
TSX:EFN-PR-C (6/28/2024, 7:00:00 PM)
25
+0.02 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.08%
1 Week0.2%
2 Weeks0.16%
1 Month-1.03%
3 Month0.04%
6 Month1.01%
12 Month0.81%
2 Year0.97%
3 Year-2.91%
5 Year21.71%
10 Year-0.6%
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.18%
ATR Inc-62.67%
Range Today0
ADR(20)0.01
ADR(20)%0.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.58
Mansfield-1.2
10 Day High25
10 Day Low24.95
20 Day High25.38
20 Day Low24.95
52 Week High25.38
52 Week Low24
CS1 End24.97
CR1 Start25.06
Volume & EV
DER(3)0%
DER(5)0%
Volume163
Volume Incr-96.79%
Vol(5)852.6
Vol(50)33.03K