ELEMENT FLEET MANAGEMENT COR (EFN.CA) Stock Technical Analysis
TSX:EFN - CA2861812014 - Common Stock
36.6 CAD
-0.03 (-0.08%)
Overall EFN gets a technical rating of 10 out of 10. 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!
When comparing the yearly performance of all stocks, we notice that EFN is one of the better performing stocks in the market, outperforming 72% of all stocks. On top of that, EFN also shows a nice and consistent pattern of rising prices.
EFN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month EFN has a been trading in the 35.42 - 37.69 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
EFN is part of the Commercial Services & Supplies industry. There are 24 other stocks in this industry, EFN did better than 69% of them.
Besides having an excellent technical rating, EFN also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for EFN in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
26.84
37.85
We found 5 important support areas.
- A support zone ranging from 36.45 to 36.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.78 from a horizontal line in the daily time frame.
- Support @30.77 from a trend line in the weekly time frame.
- Support @29.52 from a horizontal line in the daily time frame.
- Support @27.11 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 36.63 to 37.48. 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 | 72.29 | POSITIVE | EFN.CA has a high relative strength, it outperformed 72.29% 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) | 53.44 | NEUTRAL | The RSI value for EFN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests EFN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.56 | NEUTRAL | The Stochastics value for EFN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for EFN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.56 | NEUTRAL | The ADX value for EFN.CA suggests a possible start of a new 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 |
|---|---|---|---|
| 36.64 | 36.44 | 0.20 (0.55%) | 25.00% |
| An entry @36.64. This is a Buy Stop order right above the 10 day moving average. | An exit @36.44. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.20 points, which is 0.55%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.14%. |
- 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 (8/29/2025, 7:00:00 PM)
36.6
-0.03 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.08%
1 Week-0.08%
2 Weeks-1.85%
1 Month1.55%
3 Month11.93%
6 Month26.47%
12 Month30.95%
2 Year76.22%
3 Year121.28%
5 Year241.1%
10 Year94.47%
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%1.68%
ATR Inc-2.68%
Range Today0.54
ADR(20)0.6
ADR(20)%1.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.29
Mansfield0.9
10 Day High37.54
10 Day Low35.97
20 Day High37.69
20 Day Low35.42
52 Week High37.69
52 Week Low25
CS1 End36.59
CR1 Start36.63
Volume & EV
DER(3)4.22%
DER(5)2.28%
Volume597.88K
Volume Incr-6.29%
Vol(5)574.28K
Vol(50)595.09K