NEW FLYER INDUSTRIES INC (NFI-DB.CA) Stock Technical Analysis
TSX:NFI-DB - Toronto Stock Exchange - CA62910LAA04 - Currency: CAD
Overall NFI-DB gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NFI-DB is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
NFI-DB 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 NFI-DB is lagging the market slightly.
When comparing the performance of all stocks over the past year, NFI-DB turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
NFI-DB is part of the Machinery industry. There are 20 other stocks in this industry, NFI-DB did better than 52% of them.
In the last month NFI-DB has a been trading in a tight range between 98.50 and 99.24.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, NFI-DB 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. There is a support zone below the current price at 98.20, a Stop Loss order could be placed below this zone.
More info and screens
92.07
100.50
We found 3 important support areas.
- A support zone ranging from 97.47 to 98.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 94.50 to 94.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 93.00 to 93.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 98.81 to 99.50. This zone is formed by a combination of multiple trend lines and important moving averages 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 NFI-DB.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NFI-DB.CA is up. |
| ChartMill Relative Strength | 44.53 | NEUTRAL | NFI-DB.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NFI-DB.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NFI-DB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NFI-DB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.95 | NEUTRAL | The RSI value for NFI-DB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests NFI-DB.CA has a negative trend. |
| Stochastics (14,3) | 33.78 | NEUTRAL | The Stochastics value for NFI-DB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.33 | LOW VOLATILITY | The low ATR as a percentage value for NFI-DB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 28.71 | POSITIVE | The high ADX value value for NFI-DB.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 98.91 | 98.55 | 0.36 (0.36%) | 25.00% |
| An entry @98.91. This is a Buy Stop order right above the 10 day moving average. | An exit @98.55. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.36 points, which is 0.36%. | For a 0.09% 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 NFI-DB. 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.
TSX:NFI-DB (6/27/2025, 7:00:00 PM)
98.75
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0%
1 Week-0.25%
2 Weeks-0.24%
1 Month0.07%
3 Month1.8%
6 Month3.95%
12 Month6.18%
2 Year17.91%
3 Year14.56%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%0.33%
ATR Inc-23.31%
Range Today0.3
ADR(20)0.27
ADR(20)%0.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.53
Mansfield-0.41
10 Day High99.24
10 Day Low98.56
20 Day High99.24
20 Day Low98.5
52 Week High100
52 Week Low92.1
CS1 End98.2
CR1 Start98.81
Volume & EV
DER(3)0%
DER(5)0%
Volume106.00K
Volume Incr142.46%
Vol(5)386.00K
Vol(50)244.83K