Exfo Inc (EXF.CA) Stock Technical Analysis
TSX:EXF - Toronto Stock Exchange -
Taking everything into account, EXF scores 9 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, EXF is showing a nice and steady performance.
Warning: EXF has an average volume of 16730 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.
EXF is one of the better performing stocks in the Communications Equipment industry, it outperforms 100% of 11 stocks in the same industry.
EXF 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 EXF is lagging the market slightly.
EXF is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that EXF is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, EXF also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
3.88
8.09
We found 6 important support areas.
- A support zone ranging from 7.10 to 7.20. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @6.89 from a horizontal line in the daily time frame.
- Support @5.01 from a trend line in the weekly time frame.
- Support @4.65 from a trend line in the daily time frame.
- Support @4.44 from a trend line in the daily time frame.
- Support @3.92 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.01 to 8.01. This zone is formed by a combination of multiple trend lines 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 EXF.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EXF.CA is up. |
| ChartMill Relative Strength | 89.65 | POSITIVE | EXF.CA has a high relative strength, it outperformed 89.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EXF.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EXF.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EXF.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.18 | NEUTRAL | The RSI value for EXF.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EXF.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.73 | NEUTRAL | The Stochastics value for EXF.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for EXF.CA suggests low volalility. |
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)
TSX:EXF (8/30/2021, 7:00:00 PM)
7.805
-0.06 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.7%
1 Week-2.37%
2 Weeks3.44%
1 Month12.21%
3 Month75.11%
6 Month47.08%
12 Month65.82%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%1.79%
ATR Inc-77.42%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.65
Mansfield3.05
10 Day High8.02
10 Day Low7.55
20 Day High8.02
20 Day Low6.83
52 Week High8.77
52 Week Low3.38
CS1 End7.2
CR1 Start8.01
Volume & EV
DER(3)0%
DER(5)0%
Volume1.11K
Volume Incr-78.87%
Vol(5)2.09K
Vol(50)16.73K