Exfo Inc (EXF.CA) Technical Analysis
TSX:EXF
Current stock price
EXF.CA Technical Rating and Analysis
Overall EXF gets a technical rating of 9 out of 10. Both in the recent history as in the last year, EXF has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 83% of 13 stocks in the same industry.
- EXF 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 EXF is performing more or less in line with the market.
- 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.
EXF.CA Weekly and Daily overview Charts
EXF.CA Setup Rating and Analysis
EXF has an excellent technical rating and 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
EXF.CA Support and Resistance Analysis
3.88
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.
We found 1 important resistance 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.
EXF.CA 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 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. |
EXF.CA Chart- and CandleStick Pattern Analysis
EXF.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:EXF (8/30/2021, 7:00:00 PM)
7.805
-0.06 (-0.7%)
Exfo Inc / EXF.CA TA FAQ
What is the ChartMill technical rating of Exfo Inc (EXF.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to EXF.CA.
What is the trend direction for EXF stock?
The current trend direction for Exfo Inc (EXF.CA) is Bullish.
What is the RSI signal for Exfo Inc (EXF.CA) stock?
Exfo Inc (EXF.CA) has an RSI value of 62.1827. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Exfo Inc?
The MACD indicator for Exfo Inc (EXF.CA) has a value of 0.00144517, indicating a bearish trend.
Can you provide the buy/sell signal for Exfo Inc?
The buy/sell signal for Exfo Inc (EXF.CA) is buy as both the short term and long term trends are positive.