Exfo Inc (EXFO) Stock Technical Analysis
USA - NASDAQ:EXFO -
6.245
0 (-0.08%)
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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, EXFO did better than 90% of all other stocks.
EXFO 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 EXFO is lagging the market slightly.
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.
EXFO is part of the Communications Equipment industry. There are 48 other stocks in this industry, EXFO did better than 65% of them.
Besides having an excellent technical rating, EXFO also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Another positive sign is the recent Pocket Pivot signal.
- 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
3.54
6.31
7 important support areas can be observed.
- 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.
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 EXFO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EXFO is up. |
| ChartMill Relative Strength | 90.96 | POSITIVE | EXFO has a high relative strength, it outperformed 90.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EXFO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EXFO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EXFO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69 | NEUTRAL | The RSI value for EXFO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EXFO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.35 | OVERBOUGHT | The high Stochastics value suggests EXFO may be overbought. |
| Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for EXFO 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)
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 |
|---|---|---|---|
| 6.26 | 6.21 | 0.05 (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.
NASDAQ:EXFO (8/27/2021, 8:06:28 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 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%1.39%
ATR Inc-88.33%
Range Today0.01
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
CRS90.96
3 months CRSN/A
6 months CRSN/A
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
CS1 End6.24
CR1 Start6.25
Volume & EV
DER(3)0.33%
DER(5)0.53%
Volume8.40K
Volume Incr-33.71%
Vol(5)120.90K
Vol(50)153.84K
Exfo Inc / EXFO FAQ
What is the ChartMill technical rating of Exfo Inc (EXFO) stock?
ChartMill assigns a technical rating of 9 / 10 to EXFO.
What is the trend direction for EXFO stock?
The current trend direction for Exfo Inc (EXFO) is Bullish.
Can you provide the RSI signal for Exfo Inc?
Exfo Inc (EXFO) has an RSI value of 68.9955. This indicates that the stock is currently neutral.
What is the MACD signal for Exfo Inc (EXFO) stock?
The MACD indicator for Exfo Inc (EXFO) has a value of 0.00324193, indicating a bearish trend.
What is the short term momentum for EXFO stock?
The short term momentum for Exfo Inc (EXFO) is positive.