E-L FINANCIAL CORP LTD (ELF.CA) Stock Technical Analysis
TSX:ELF - Toronto Stock Exchange - CA2685751075 - Common Stock - Currency: CAD
Taking everything into account, ELF scores 10 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, ELF is showing a nice and steady performance.
Warning: ELF has an average volume of 9640 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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 ELF is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by ELF over the past year are nicely spread over this period.
ELF is part of the Insurance industry. There are 82 other stocks in this industry. ELF outperforms 95% of them.
ELF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ELF is lagging the market slightly.
In the last month ELF has a been trading in the 14.70 - 18.19 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.
Although ELF has an excellent technical rating, the quality of the presented setup is not ideal 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
8.37
16.77
We found 6 important support areas.
- A support zone ranging from 15.57 to 15.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.72 to 14.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.10 to 12.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.70 from a horizontal line in the daily time frame.
- Support @9.28 from a trend line in the weekly time frame.
- Support @8.45 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.30 to 16.60. 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 ELF.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELF.CA is up. |
| ChartMill Relative Strength | 85.14 | POSITIVE | ELF.CA has a high relative strength, it outperformed 85.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ELF.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELF.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELF.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.82 | NEUTRAL | The RSI value for ELF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests ELF.CA has a negative trend. |
| Stochastics (14,3) | 9.92 | OVERSOLD | The low Stochastics value suggests ELF.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for ELF.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.47 | POSITIVE | The high ADX value value for ELF.CA suggests a strong 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 |
|---|---|---|---|
| 16.31 | 15.56 | 0.75 (4.61%) | 21.69% |
| An entry @16.31. This is a Buy Stop order right above the 10 day moving average. | An exit @15.56. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.75 points, which is 4.61%. | When investing 21.69% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ELF. 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:ELF (6/11/2025, 7:00:00 PM)
15.58
-0.2 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.27%
1 Week-2.38%
2 Weeks-3.71%
1 Month6.13%
3 Month20.22%
6 Month11.76%
12 Month45.61%
2 Year68.17%
3 Year90.12%
5 Year130.82%
10 Year137.63%
15 Year242.42%
Volatility
ATR(14)0.56
ATR(20)%3.35%
ATR Inc-29.84%
Range Today0.5
ADR(20)0.41
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.14
Mansfield1.16
10 Day High18.19
10 Day Low15.53
20 Day High18.19
20 Day Low14.7
52 Week High18.19
52 Week Low0
CS1 End15.57
CR1 Start16.3
Volume & EV
DER(3)3.3%
DER(5)2.45%
Volume37.19K
Volume Incr527.24%
Vol(5)56.39K
Vol(50)9.64K