GFL Environmental Inc. Subordinate Voting Shares
Here’s whether GFL Environmental Inc. Subordinate Voting Shares (GFL) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: RSI 50 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-0.90% over 10 days); weak 1-year return of -19.8%; 3-month momentum negative (-8.5%); rising volume on a downtrend (distribution, 1.53x avg). Currently 25.1% off its 52-week high. Score: -5/7.
GFL is trading below its 200-day MA ($45.11) — a key warning sign the longer-term trend is under pressure. An RSI of 49.9 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of -19.8% compares to +35.1% for SPY (trailed the market by 54.9%). The current 25.1% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.