Equifax Stock Jumps 3.77% to $249.67 Amid Three-Day 6.68% Rally

Equifax (EFX) has demonstrated notable price action, rising 3.77% in the most recent session to close at $249.67, marking its third consecutive daily gain and accumulating a 6.68% advance over this period. This rebound follows a sharp 4.98% decline on September 2, suggesting potential short-term bullish sentiment returning to the stock.
Candlestick Theory
Recent sessions reveal a bullish reversal pattern. The September 2nd plunge created a long red candle ($233.74–$243.28), undercutting the August low near $234. This was followed by three consecutive white candles with progressively higher closes, forming a "Three White Soldiers" formation. Immediate resistance sits at $254.38 (September 5 high), while the $233.74–$234.03 zone now serves as critical support, aligning with the August 11–19 consolidation floor. A decisive break above $254.38 could target the July peak near $265.
Moving Average Theory
The 50-day MA (currently near $260) maintains a downtrend slope, capping recent rallies in July and August. Conversely, the 100-day MA (~$255) and 200-day MA (~$248) exhibit flatter trajectories, indicating neutral longer-term momentum. Price recently reclaimed the 200-day MA after testing it on September 3–4, a technically supportive development. However, the 50/100-day MA death cross in early August persists, warranting caution until the 50-day MA flattens or reverses.
MACD & KDJ Indicators
The MACD histogram has turned positive for the first time since early August, with both the MACD line and signal line converging near the zero axis. This hints at nascent upward momentum. Meanwhile, the KDJ shows K-line (73) and D-line (68) in overbought territory after sharp recovery from oversold readings (<30) in late August. While KDJ’s current elevation suggests near-term exhaustion risk, the bullish MACD crossover provides counterbalancing confirmation.
Bollinger Bands
September’s recovery occurred during Band expansion (+2σ now at $258, –2σ at $232), reflecting heightened volatility. Price has rebounded from the lower Band toward the midline ($245), with room to test the upper Band if momentum persists. The Band width remains elevated relative to August levels, supporting continued directional conviction. A close above the midline would reinforce bullish near-term bias.
Volume-Price Relationship
Recent gains are validated by expanding volume: September 5 volume (1.38M shares) surged 77% above the 90-day average. Notably, the September 2nd sell-off also featured high volume (1.56M), confirming conviction behind that move. The subsequent three-day rally saw volume taper slightly but remain above average, suggesting steady accumulation without climactic buying. This volume profile lends credibility to the rebound.
Relative Strength Index (RSI)
The 14-day RSI currently reads 62, recovering sharply from oversold levels near 28 on August 12–13. While exiting the oversold zone supports the rebound thesis, current positioning leaves moderate headroom before overbought territory (>70). Divergence emerged in late August when price made a lower low while RSI held above its prior low, foreshadowing the current bounce. Further strength toward 70 RSI may trigger consolidation.
Fibonacci Retracement
Using the July 14 peak ($281.03) and September 2 trough ($233.74), key retracement levels emerge: 23.6% ($237.5) supported the September 3 bounce; 38.2% ($244.50) aligns with the 200-day MA and recent intraday highs; 50% ($249.90) resisted September 4–5 closes; and 61.8% ($255.20) coincides with the July–August congestion zone. Confluence exists at $244.50–$249.90 (38.2–50% retracement + MAs), making this a pivotal resistance cluster.
Confluence exists at the $244.50–$249.90 zone where the 38.2–50% Fibonacci retracements, 200-day MA, and KDJ overbought warning converge. A sustained break above this band—preferably on strong volume—may signal continuation toward $255 (61.8% Fib). Conversely, failure here could trigger retest of $234 support. Divergence between KDJ (overbought) and MACD (bullish crossover) warrants monitoring, as it suggests near-term consolidation may precede next directional move.