Exfo Inc (EXFO)

6.245  0 (-0.08%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to EXFO. Both in the recent history as in the last year, EXFO has proven to be a steady performer, scoring decent points in every aspect analyzed.

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 EXFO is one of the better performing stocks in the market, outperforming 90% of all stocks.
EXFO is part of the Communications Equipment industry. There are 54 other stocks in this industry. EXFO outperforms 92% of them.
EXFO 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 EXFO is performing more or less in line with the market.
In the last month EXFO has a been trading in the 5.51 - 6.26 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
EXFO Weekly chart
EXFO Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, EXFO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

3.54

6.31

We found 7 important support areas.

  • A support zone ranging from 6.19 to 6.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 5.95 to 6.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 5.67 to 5.68. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
  • Support @5.50 from a horizontal line in the daily time frame.
  • Support @4.28 from a trend line in the weekly time frame.
  • Support @3.93 from a trend line in the daily time frame.
  • Support @3.58 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 6.25 to 6.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.96
Mansfield3.32
10 Day High6.26
10 Day Low6.22
20 Day High6.26
20 Day Low5.51
52 Week High7.24
52 Week Low2.55
Performance
1 Week0.24%
2 Weeks0.24%
1 Month9.37%
3 Month68.78%
6 Month46.94%
12 Month67.43%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)69
LBB6.04
UBB6.35
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
6.266.210.05 (0.80%)25.00%
An entry @6.26. This is a Buy Stop order right above the resistance zone.An exit @6.21. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.05 points, which is 0.80%.For a 0.20% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of EXFO. 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.
EXFO Daily chart

Exfo Inc

NASDAQ:EXFO (8/27/2021, 7:06:28 PM)

6.245

0 (-0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.08%
1 Week0.24%
2 Weeks0.24%
1 Month9.37%
3 Month68.78%
6 Month46.94%
12 Month67.43%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%1.39%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.26
10 Day Low6.22
20 Day High6.26
20 Day Low5.51
52 Week High7.24
52 Week Low2.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume8.40K
Volume Incr-33.71%
Vol(5)120.90K
Vol(50)153.84K