E-L FINANCIAL CORP LTD (ELF.CA) Stock Technical Analysis
TSX:ELF - Toronto Stock Exchange - CA2685751075 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to ELF. Both in the recent history as in the last year, ELF has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month ELF has a been trading in the 15.48 - 18.19 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ELF has an average volume of 12668 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ELF is one of the better performing stocks in the market, outperforming 84% 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 is also trading in the upper part of its 52 week range, so ELF is performing more or less in line with the market.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, ELF 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. There is a support zone below the current price at 16.05, a Stop Loss order could be placed below this zone.
More info and screens
8.37
16.24
7 important support areas can be observed.
- A support zone ranging from 15.94 to 16.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.58 from a horizontal line in the daily time frame.
- A support zone ranging from 15.03 to 15.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.28 from a trend line in the weekly time frame.
- Support @11.70 from a horizontal line in the daily time frame.
- Support @9.29 from a trend line in the weekly time frame.
- Support @8.45 from a horizontal line in the weekly 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 | 84.96 | POSITIVE | ELF.CA has a high relative strength, it outperformed 84.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ELF.CA is below a declining 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) | 54.85 | NEUTRAL | The RSI value for ELF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests ELF.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.93 | NEUTRAL | The Stochastics value for ELF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for ELF.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.98 | 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 |
|---|---|---|---|
| 17.06 | 15.93 | 1.13 (6.62%) | 15.10% |
| An entry @17.06. This is a Buy Stop order right above the 10 day high. | An exit @15.93. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.13 points, which is 6.62%. | For a 1.00% total portfolio risk, you can invest 15.10% of your capital in this trade. |
- 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 (6/17/2025, 7:00:00 PM)
16.08
-0.13 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.8%
1 Week1.9%
2 Weeks-4.29%
1 Month-0.37%
3 Month16.78%
6 Month15.85%
12 Month47.66%
2 Year73.57%
3 Year96.22%
5 Year138.22%
10 Year145.25%
15 Year253.41%
Volatility
ATR(14)0.64
ATR(20)%3.21%
ATR Inc-14.9%
Range Today0.57
ADR(20)0.43
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.96
Mansfield1.53
10 Day High17.05
10 Day Low15.53
20 Day High18.19
20 Day Low15.48
52 Week High18.19
52 Week Low10.55
CS1 End16.05
CR1 StartN/A
Volume & EV
DER(3)2.09%
DER(5)0.48%
Volume12.35K
Volume Incr82.22%
Vol(5)38.48K
Vol(50)12.67K