GFL Environmental's stock price falls as MACD Death Cross and narrowing Bollinger Bands.

As per the 15-minute chart of GFL Environmental, there has been a notable development with the MACD indicator crossing below the signal line, a phenomenon known as a Death Cross. Furthermore, Bollinger Bands have begun to narrow, which suggests that the magnitude of stock price fluctuations is decreasing. These technical indicators collectively suggest that the stock price has the potential to continue its downward trajectory.

Title: GFL Environmental: Technical Indicators Signal Potential Downward Trend

As of August 20, 2025, at 16:00, GFL Environmental (GFL) has exhibited significant technical shifts in its 15-minute chart. Key indicators such as the Moving Average Convergence Divergence (MACD) Death Cross, Bollinger Bands Narrowing, and the KDJ Death Cross suggest a potential downward trajectory for the stock price.

The MACD Death Cross occurs when the MACD line crosses below the signal line, indicating a potential reversal in the stock's momentum. This was evident in GFL's 15-minute chart on August 20, 2025 [1]. Additionally, the Bollinger Bands Narrowing suggests that the volatility in the stock price is decreasing, which can be a precursor to a continued downward trend. The KDJ Death Cross, where the K line crosses below the D line, further supports the notion of a shift in momentum towards the downside [1].

GFL's recent performance shows a 23.77% increase over the last 12 months, with a year-to-date return of 10.33%. However, in the past month, the stock has increased by 9.83%, reflecting recent market activity. Despite these gains, the current technical indicators suggest a potential slowdown or reversal in the stock's upward trajectory [1].

Investors should closely monitor GFL's stock price and technical indicators to make informed decisions. The company's latest earnings report showed earnings of $0.19 per share, meeting analyst expectations, but revenue fell short of estimates at $1.23 billion. Several research firms have raised their price targets for GFL, with Royal Bank of Canada increasing its target from $56.00 to $59.00 and maintaining an "outperform" rating [2].

GFL Environmental's GFL short percent of float has fallen 13.7% since its last report, with 8.08 million shares sold short, which is 5.23% of all regular shares available for trading. Based on its trading volume, it would take traders 7.53 days to cover their short positions on average. While a decrease in short interest can signal a more bullish market sentiment, it does not necessarily predict immediate stock price increases [2].

Comparing GFL Environmental's short interest against its peers, the company has more short interest than most of its peers, with an average short interest percentage of 2.96% among its peers [2].

In conclusion, while GFL's stock price has shown recent gains, the technical indicators suggest a potential downward trajectory. Investors should be cautious and consider the implications of these technical signals on their investment decisions.

References:
[1] https://www.marketbeat.com/stocks/TSE/GFL/chart/
[2] https://www.marketbeat.com/instant-alerts/filing-russell-investments-group-ltd-has-2585-million-stock-position-in-gfl-environmental-inc-nysegfl-2025-08-16/