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ELEMENT FLEET MANAGEMENT COR (EFN.CA) Stock Technical Analysis

TSX:EFN - Toronto Stock Exchange - CA2861812014 - Common Stock - Currency: CAD

28.41  +0.23 (+0.82%)

Technical Rating and Analysis

3

Overall EFN gets a technical rating of 3 out of 10. Although EFN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, we notice that EFN is one of the better performing stocks in the market, outperforming 70% of all stocks. On top of that, EFN also shows a nice and consistent pattern of rising prices.
EFN 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 is lagging the market slightly.
In the last month EFN has a been trading in the 25.00 - 29.61 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
EFN is part of the Commercial Services & Supplies industry. There are 25 other stocks in this industry, EFN did better than 50% of them.
Weekly and Daily overview Charts
ELEMENT FLEET MANAGEMENT COR / EFN Weekly stock chart
ELEMENT FLEET MANAGEMENT COR / EFN Daily stock chart
Setup Rating and Analysis

7

EFN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 28.26, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EFN in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

25.11

30.50

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 28.15 to 28.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 27.07 to 27.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @25.36 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 28.44 to 28.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 29.50 to 30.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.29
Mansfield0.05
10 Day High29.56
10 Day Low25
20 Day High29.62
20 Day Low25
52 Week High30.49
52 Week Low21.2
Performance
1 Week-0.49%
2 Weeks-3.66%
1 Month-1.53%
3 Month-2.44%
6 Month11.94%
12 Month28.84%
2 Year45.77%
3 Year128.38%
5 Year126.19%
10 Year77.34%
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)-0.08
RSI(14)45.23
LBB27.77
UBB29.83
ELEMENT FLEET MANAGEMENT COR / EFN Daily stock chart

ELEMENT FLEET MANAGEMENT COR

TSX:EFN (2/7/2025, 7:00:00 PM)

28.41

+0.23 (+0.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.82%
1 Week-0.49%
2 Weeks-3.66%
1 Month-1.53%
3 Month-2.44%
6 Month11.94%
12 Month28.84%
2 Year45.77%
3 Year128.38%
5 Year126.19%
10 Year77.34%
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%2.43%
ATR Inc-52.04%
Range Today0.38
ADR(20)0.67
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.29
Mansfield0.05
10 Day High29.56
10 Day Low25
20 Day High29.62
20 Day Low25
52 Week High30.49
52 Week Low21.2
CS1 End28.26
CR1 Start28.44
Volume & EV
DER(3)3.81%
DER(5)1%
Volume469.82K
Volume Incr53.71%
Vol(5)690.89K
Vol(50)533.93K