ISHARES EV & E DRIV TECH (ECAR.AS) Stock Technical Analysis
AMS:ECAR - Euronext Amsterdam - IE00BGL86Z12 - ETF - Currency: EUR
We assign a technical rating of 2 out of 10 to ECAR. ECAR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
81% of all other stocks performed better in the past year than ECAR.
Warning: ECAR has an average volume of 9656 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ECAR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ECAR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ECAR is lagging the market slightly.
The technical rating of ECAR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.49
7.75
We found 1 important support area.
- A support zone ranging from 6.56 to 6.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 6.71 to 6.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.90 to 6.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.12 from a horizontal line in the daily time frame.
- Resistance @7.48 from a horizontal line in the daily time frame.
- Resistance @7.67 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ECAR.AS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECAR.AS is neutral. |
| ChartMill Relative Strength | 19.41 | NEGATIVE | ECAR.AS has a low relative strength, it was outperformed by 80.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ECAR.AS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ECAR.AS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ECAR.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.8 | NEUTRAL | The RSI value for ECAR.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ECAR.AS has a negative trend. |
| Stochastics (14,3) | 27.81 | NEUTRAL | The Stochastics value for ECAR.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for ECAR.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 17.81 | NEGATIVE | The low ADX value for ECAR.AS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
AMS:ECAR (6/2/2025, 7:00:00 PM)
6.572
-0.14 (-2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.03%
1 Week-1.69%
2 Weeks-3.72%
1 Month4%
3 Month-5.22%
6 Month-8.98%
12 Month-9.89%
2 Year-6.19%
3 Year14.55%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%1.61%
ATR Inc20.39%
Range Today0.04
ADR(20)0.06
ADR(20)%0.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.41
Mansfield-0.82
10 Day High6.93
10 Day Low6.56
20 Day High6.95
20 Day Low6.2
52 Week High7.67
52 Week Low5.23
CS1 End6.56
CR1 Start6.71
Volume & EV
DER(3)0%
DER(5)0%
Volume7.09K
Volume Incr53.05%
Vol(5)17.81K
Vol(50)9.66K