ELEMENT FLEET MANAGEMENT - EFNCN 6.21 PERP (EFN-PR-C.CA) Stock Technical Analysis
TSX:EFN-PR-C - Toronto Stock Exchange - CA2861818391 - Currency: CAD
Overall EFN-PR-C gets a technical rating of 2 out of 10. EFN-PR-C has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
EFN-PR-C is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EFN-PR-C is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, EFN-PR-C turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
EFN-PR-C is an average performer in the Commercial Services & Supplies industry, it outperforms 47% of 24 stocks in the same industry.
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.
EFN-PR-C has a bad technical rating, but it does show a decent setup pattern. 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
We found 2 important support areas.
- 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