ELEMENT FLEET MANAGEMENT COR (EFN.CA) Stock Technical Analysis
TSX:EFN - Toronto Stock Exchange - CA2861812014 - Common Stock - Currency: CAD
Taking everything into account, EFN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, EFN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, EFN did better than 81% of all other stocks. On top of that, EFN also shows a nice and consistent pattern of rising prices.
EFN is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 82% of 24 stocks in the same industry.
EFN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so EFN is leading the market.
In the last month EFN has a been trading in a tight range between 31.31 and 33.17.
Considerably lower volume is observed in the last couple of days.
EFN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 32.54. Right above this resistance zone may be a good entry point.
More info and screens
26.84
33.39
5 important support areas can be observed.
- A support zone ranging from 32.31 to 32.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @31.78 from a horizontal line in the daily time frame.
- A support zone ranging from 29.29 to 29.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.44 from a horizontal line in the daily time frame.
- A support zone ranging from 27.11 to 27.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 32.54 to 33.06. 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EFN.CA is up. |
| ChartMill Relative Strength | 81.7 | POSITIVE | EFN.CA has a high relative strength, it outperformed 81.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EFN.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EFN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EFN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.36 | NEUTRAL | The RSI value for EFN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests EFN.CA has a negative trend. |
| Stochastics (14,3) | 66.85 | NEUTRAL | The Stochastics value for EFN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for EFN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.27 | NEGATIVE | The low ADX value for EFN.CA suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 33.07 | 32.30 | 0.77 (2.33%) | 25.00% |
| An entry @33.07. This is a Buy Stop order right above the resistance zone. | An exit @32.30. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.77 points, which is 2.33%. | For a 0.58% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of EFN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:EFN (6/13/2025, 7:00:00 PM)
32.38
-0.3 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.92%
1 Week1.86%
2 Weeks-0.98%
1 Month0.28%
3 Month17.57%
6 Month13.22%
12 Month33.75%
2 Year60.46%
3 Year141.28%
5 Year219.65%
10 Year63.95%
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%1.92%
ATR Inc-32.42%
Range Today0.35
ADR(20)0.61
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.7
Mansfield0.83
10 Day High32.98
10 Day Low31.31
20 Day High33.17
20 Day Low31.31
52 Week High33.17
52 Week Low23.71
CS1 End32.38
CR1 Start32.54
Volume & EV
DER(3)2.03%
DER(5)1.21%
Volume339.35K
Volume Incr-34.73%
Vol(5)395.59K
Vol(50)615.60K