ENERFLEX LTD (EFX.CA) Stock Technical Analysis
TSX:EFX - Toronto Stock Exchange - CA29269R1055 - Common Stock - Currency: CAD
Taking everything into account, EFX scores 2 out of 10 in our technical rating. EFX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
EFX is part of the Energy Equipment & Services industry. There are 28 other stocks in this industry. EFX outperforms 81% of them.
When comparing the performance of all stocks over the past year, EFX turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
EFX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EFX is lagging the market slightly.
In the last month EFX has a been trading in the 8.89 - 10.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, EFX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
8.12
10.30
When analyzing the support we can see 4 important areas.
- A support zone ranging from 9.42 to 9.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.05 to 9.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.82 to 8.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @8.20 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 9.70 to 9.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.14 to 10.20. 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 | DOWN | NEGATIVE | The long term trend for EFX.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EFX.CA is down. |
| ChartMill Relative Strength | 69.53 | NEUTRAL | EFX.CA is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of EFX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EFX.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.97 | NEUTRAL | The RSI value for EFX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests EFX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.22 | NEUTRAL | The Stochastics value for EFX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for EFX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.9 | NEGATIVE | The low ADX value for EFX.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)
TSX:EFX (5/23/2025, 7:00:00 PM)
9.69
+0.16 (+1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.68%
1 Week-2.91%
2 Weeks2.22%
1 Month5.33%
3 Month-24.12%
6 Month-26.26%
12 Month40.03%
2 Year27.67%
3 Year23.44%
5 Year75.54%
10 Year-31.42%
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%3.42%
ATR Inc-10.29%
Range Today0.38
ADR(20)0.3
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.53
Mansfield-0.47
10 Day High10.28
10 Day Low9.32
20 Day High10.28
20 Day Low8.89
52 Week High15.22
52 Week Low6.3
CS1 End9.53
CR1 Start9.7
Volume & EV
DER(3)0.47%
DER(5)-3.17%
Volume475.98K
Volume Incr-36.45%
Vol(5)490.84K
Vol(50)598.86K