GFL ENVIRONMENTAL INC-SUB VT (GFL.CA) Stock Technical Analysis
TSX:GFL - Toronto Stock Exchange - CA36168Q1046 - Common Stock - Currency: CAD
Taking everything into account, GFL scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, GFL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, GFL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 68.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 68.42, a Stop Loss order could be placed below this zone.
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59.18
We found 3 important support areas.
- A support zone ranging from 66.41 to 68.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @63.38 from a trend line in the daily time frame.
- A support zone ranging from 59.78 to 61.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 68.92 to 69.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @71.20 from a horizontal line in the daily 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 GFL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GFL.CA is up. |
| ChartMill Relative Strength | 87.43 | POSITIVE | GFL.CA has a high relative strength, it outperformed 87.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GFL.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GFL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GFL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.22 | NEUTRAL | The RSI value for GFL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests GFL.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.6 | NEUTRAL | The Stochastics value for GFL.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for GFL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 11.21 | NEGATIVE | The low ADX value for GFL.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 69.84 | 66.40 | 3.44 (4.93%) | 20.30% |
| An entry @69.84. This is a Buy Stop order right above the resistance zone. | An exit @66.40. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.44 points, which is 4.93%. | For a 1.00% total portfolio risk, you can invest 20.30% 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:GFL (5/28/2025, 7:00:00 PM)
68.8
+0.17 (+0.25%)