ENERFLEX LTD (EFX.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:EFX - CA29269R1055 - Common Stock
Taking everything into account, EFX scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EFX is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that EFX is one of the better performing stocks in the market, outperforming 76% of all stocks.
- EFX is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 88% of 27 stocks in the same industry.
- A new 52 week high is currently being made by EFX, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month EFX has a been trading in the 20.31 - 23.73 range, which is quite wide. It is currently trading near the high of this range.
EFX has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.22
2 important support areas can be observed.
- A support zone ranging from 21.76 to 22.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 20.42 to 21.02. 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 EFX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EFX.CA is up. |
| ChartMill Relative Strength | 76.69 | POSITIVE | EFX.CA has a high relative strength, it outperformed 76.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EFX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EFX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EFX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.99 | NEUTRAL | The RSI value for EFX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests EFX.CA has a positive trend. |
| Stochastics (14,3) | 84.93 | OVERBOUGHT | The high Stochastics value suggests EFX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for EFX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 35.18 | POSITIVE | The high ADX value value for EFX.CA suggests a strong trend. |
TSX:EFX (1/27/2026, 7:00:00 PM)
23.73
+0.51 (+2.2%)
ENERFLEX LTD / EFX.CA FAQ
What is the technical rating for EFX stock?
ChartMill assigns a technical rating of 9 / 10 to EFX.CA.
What is the current trend direction of ENERFLEX LTD (EFX.CA) stock?
The current trend direction for ENERFLEX LTD (EFX.CA) is Bullish.
What is the RSI signal for EFX stock?
ENERFLEX LTD (EFX.CA) has an RSI value of 65.9928. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ENERFLEX LTD?
The MACD indicator for ENERFLEX LTD (EFX.CA) has a value of 0.096961, indicating a bearish trend.
What is the support and resistance level for EFX stock?
ENERFLEX LTD (EFX.CA) has a support level at 22.03. Check the full technical report for our detailed analysis of EFX.CA support and resistance levels.