Meyka Pro banner
E-L Financial Corporation Limited

ELF.TO Technical Analysis Summary (TSX)

Analyze ELF.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ELF.TOTSX
Financial ServicesInsurance - Life
$17.55
$0.14(0.80%)
Canadian Market opens in NaNh NaNm

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ELF.TO Technical Analysis Summary (TSX)

E-L Financial Corporation Limited (TSX: ELF.TO) stock currently shows a bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 63.37)
Trend Strength:Strong (ADX: 32.48)
Volatility:Low (ATR: 0.31)
Support/Resistance:$16.63 – $17.99 (Bollinger Bands)

Technical conditions suggest E-L Financial Corporation Limited on the TSX is awaiting a decisive move. This mix signals that E-L Financial Corporation Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 63.37

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 61.37

Bullish
Buying momentum building without extremes.

Williams %R: -23.81

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 5.38

Strongly Bullish
Strong upside momentum.

Takeaway:E-L Financial Corporation Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.18

Bullish
Bullish, trend momentum is strengthening.

ADX: 32.48

Strong
Strong trend, momentum well established.

ATR (14): 0.31

Low
Low volatility, stable price action.

CCI (14): 76.32

Bullish
Bullish, momentum building upward.

Takeaway:E-L Financial Corporation Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$17.99
Middle Band (SMA 20)
$17.31
Lower Band
$16.63
Current Position
Within Bands

Takeaway:E-L Financial Corporation Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$18.01
Middle Line (EMA 20)
$17.38
Lower Channel
$16.76
Squeeze Status
No Squeeze

Takeaway:E-L Financial Corporation Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume146.02K
Money Flow Index47.35Neutral, balanced money flows with no clear signal.
Relative Vigor Index42.76Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ELF.TO shows balanced money flow with a slight bearish tilt.

Technical Trading Signals Summary
Based on the current technical analysis of E-L Financial Corporation Limited (TSX: ELF.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:E-L Financial Corporation Limited stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(TSX: ELF.TO) Technical Analysis FAQ