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Uptrend ExhaustionArchive - 1/10/2025 - Sign In to see current Signals. |
Equifax Inc. (EFX) Technical Analysis |
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Equifax Inc. (EFX). During the week, the EFX dropped -9.00 points, or -3.55%, and closed at 244.40 on Friday, January 10, 2025. It was the worst weekly loss since November 15, 2024. Weekly volume was 20% above average.
Long-term trend: [See EFX long-term trend chart] A long-term uptrend had started on October 30, 2023 at 159.95 and reached 309.63 on September 16, 2024. EFX gained -149.68 points, or -93.58%, in 46 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (296.03) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. EFX may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See EFX medium-term trend chart] A medium-term downtrend had started on September 16, 2024 at 309.63 and reached 241.20 on November 19, 2024. EFX lost 68.43 points, or 22.10%, in 9 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 195.46 and resistance is at 271.86. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See EFX weekly technical indicators chart] Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The weekly MACD line is below its signal line since October 11, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See EFX short-term trend chart] A short-term downtrend had started on December 18, 2024 at 279.10 and reached 242.00 on January 10, 2025. EFX lost 37.10 points, or 13.29%, in 23 days. The price is now at the 6.47% retracement level.
Daily Technical Indicators: [See EFX daily technical indicators chart] Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since December 19, 2024. This is an indication that the short-term trend is down.
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