ENERFLEX LTD (EFXT) Technical Analysis
NYSE:EFXT • CA29269R1055
Current stock price
EFXT Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to EFXT. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, EFXT did better than 97% of all other stocks. We also observe that the gains produced by EFXT over the past year are nicely spread over this period.
- EFXT is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 94% of 60 stocks in the same industry.
- EFXT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EFXT is performing more or less in line with the market.
- In the last month EFXT has a been trading in the 18.04 - 23.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
EFXT Weekly and Daily overview Charts
EFXT Setup Rating and Analysis
EFXT 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 very little resistance above the current price.
More info and screens
EFXT Support and Resistance Analysis
17.80
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.92 to 20.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.45 from a trend line in the daily time frame.
- Support @17.98 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 | 97.38 | POSITIVE | EFXT has a high relative strength, it outperformed 97.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EFXT is below 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) | 53.92 | NEUTRAL | The RSI value for EFXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests EFXT has a negative trend. |
| Stochastics (14,3) | 45.37 | NEUTRAL | The Stochastics value for EFXT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for EFXT suggests some volalility. |
| Average Directional Index/ADX (14) | 40.09 | POSITIVE | The high ADX value value for EFXT suggests a strong trend. |
EFXT Chart- and CandleStick Pattern Analysis
EFXT Technicals: Chart, Performance Metrics, Trend & Indicators
20.93
-0.1 (-0.48%)
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.
What is the trend direction for EFXT stock?
The current trend direction for ENERFLEX LTD (EFXT) is Bullish.
Can you provide the RSI signal for ENERFLEX LTD?
ENERFLEX LTD (EFXT) has an RSI value of 53.9166. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ENERFLEX LTD?
The buy/sell signal for ENERFLEX LTD (EFXT) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ENERFLEX LTD (EFXT) stock?
ENERFLEX LTD (EFXT) has a support level at 20.92. Check the full technical report for our detailed analysis of EFXT support and resistance levels.