ENERFLEX LTD (EFXT) Technical Analysis
NYSE:EFXT • CA29269R1055
Current stock price
EFXT Technical Rating and Analysis
Taking everything into account, EFXT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, EFXT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that EFXT is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, EFXT also shows a nice and consistent pattern of rising prices.
- EFXT is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry. EFXT outperforms 95% of them.
- A new 52 week high is currently being made by EFXT, 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 EFXT has a been trading in the 19.43 - 25.68 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
EFXT Weekly and Daily overview Charts
EFXT Setup Rating and Analysis
Although EFXT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
EFXT Support and Resistance Analysis
19.86
We found 3 important support areas.
- Support @22.88 from a horizontal line in the daily time frame.
- A support zone ranging from 20.90 to 21.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.06 from a trend line in the daily time frame.
EFXT Technical Indicator Signal Analysis
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 EFXT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EFXT is up. |
| ChartMill Relative Strength | 98.12 | POSITIVE | EFXT has a high relative strength, it outperformed 98.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EFXT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EFXT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EFXT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.07 | OVERBOUGHT | The high RSI value suggests EFXT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests EFXT has a positive trend. |
| Stochastics (14,3) | 98.37 | OVERBOUGHT | The high Stochastics value suggests EFXT may be overbought. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for EFXT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.33 | NEUTRAL | The ADX value for EFXT suggests a possible start of a new trend. |
EFXT Chart- and CandleStick Pattern Analysis
EFXT Technicals: Chart, Performance Metrics, Trend & Indicators
25.68
+0.8 (+3.22%)
ENERFLEX LTD / EFXT TA FAQ
Can you provide the ChartMill technical rating for ENERFLEX LTD?
ChartMill assigns a technical rating of 10 / 10 to EFXT.
Can you provide the trend direction for ENERFLEX LTD?
The current trend direction for ENERFLEX LTD (EFXT) is Bullish.
What is the RSI signal for ENERFLEX LTD (EFXT) stock?
ENERFLEX LTD (EFXT) has an RSI value of 74.0709. This indicates that the stock is currently overbought.
What is the MACD signal for ENERFLEX LTD (EFXT) stock?
The MACD indicator for ENERFLEX LTD (EFXT) has a value of 0.348252, indicating a bearish trend.
What is the short term momentum for EFXT stock?
The short term momentum for ENERFLEX LTD (EFXT) is positive.