E-L FINANCIAL CORP LTD (ELF.CA) Stock Technical Analysis
TSX:ELF • CA2685751075
We assign a technical rating of 7 out of 10 to ELF. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ELF is only an average performer.
- The long and short term trends are both positive. This is looking good!
- ELF is one of the better performing stocks in the Insurance industry, it outperforms 94% of 80 stocks in the same industry.
- 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.
- When compared to the yearly performance of all other stocks, ELF outperforms 57% of them, which is more or less in line with the market.
- In the last month ELF has a been trading in a tight range between 16.93 and 17.74.
- Volume is considerably higher in the last couple of days.
ELF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 17.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ELF in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.25
We found 4 important support areas.
- A support zone ranging from 17.00 to 17.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.15 to 16.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.15 from a trend line in the weekly time frame.
- Support @13.38 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 17.98 to 18.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.44 from a horizontal line in the daily time frame.
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 | 57.82 | NEUTRAL | ELF.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELF.CA is above 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) | 57.16 | NEUTRAL | The RSI value for ELF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ELF.CA has a positive trend. |
| Stochastics (14,3) | 65.02 | NEUTRAL | The Stochastics value for ELF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for ELF.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.87 | NEGATIVE | The low ADX value for ELF.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 17.75 | 17.05 | 0.70 (3.94%) | 25.00% |
| An entry @17.75. This is a Buy Stop order right above the 10 day high. | An exit @17.05. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.70 points, which is 3.94%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%. |
- 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 (3/2/2026, 7:00:00 PM)
17.55
+0.23 (+1.33%)
E-L FINANCIAL CORP LTD / ELF.CA FAQ
What is the technical rating for ELF stock?
ChartMill assigns a technical rating of 7 / 10 to ELF.CA.
What is the current trend direction of E-L FINANCIAL CORP LTD (ELF.CA) stock?
The current trend direction for E-L FINANCIAL CORP LTD (ELF.CA) is Bullish.
What is the RSI signal for ELF stock?
E-L FINANCIAL CORP LTD (ELF.CA) has an RSI value of 57.161. This indicates that the stock is currently neutral.
What is the MACD signal for E-L FINANCIAL CORP LTD (ELF.CA) stock?
The MACD indicator for E-L FINANCIAL CORP LTD (ELF.CA) has a value of 0.0173725, indicating a bearish trend.
What is the support and resistance level for ELF stock?
E-L FINANCIAL CORP LTD (ELF.CA) has a support level at 17.33 and a resistance level at 17.98. Check the full technical report for our detailed analysis of ELF.CA support and resistance levels.