BLACKROCK ESG CAP ALL TRM TR (ECAT) Stock Technical Analysis
NYSE:ECAT - New York Stock Exchange, Inc. - US09262F1003 - Currency: USD
We assign a technical rating of 3 out of 10 to ECAT. Recently some decent action could be observed, but in the medium term time frame this is still negative. ECAT was also a bad performer in the overall market in the last year.
71% of all other stocks performed better in the past year than ECAT.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ECAT has a been trading in the 15.31 - 16.29 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
ECAT 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 ECAT is lagging the market slightly.
ECAT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 16.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.04, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.36
18.25
We found 2 important support areas.
- A support zone ranging from 15.76 to 16.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.51 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 16.35 to 16.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @17.09 from a horizontal line in the daily time frame.
- A resistance zone ranging from 17.80 to 18.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for ECAT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECAT is up. |
| ChartMill Relative Strength | 29.26 | NEGATIVE | ECAT has a low relative strength, it was outperformed by 70.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ECAT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ECAT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.59 | NEUTRAL | The RSI value for ECAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ECAT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.52 | OVERBOUGHT | The high Stochastics value suggests ECAT may be overbought. |
| Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for ECAT suggests low volalility. |
| Average Directional Index/ADX (14) | 14.23 | NEGATIVE | The low ADX value for ECAT 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)
16.06
-0.02 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.12%
1 Week1.45%
2 Weeks3.75%
1 Month2.29%
3 Month-2.9%
6 Month-8.07%
12 Month-8.85%
2 Year2.55%
3 Year12.23%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%1.25%
ATR Inc-28.03%
Range Today0.15
ADR(20)0.17
ADR(20)%1.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.26
Mansfield-0.87
10 Day High16.2
10 Day Low15.31
20 Day High16.29
20 Day Low15.31
52 Week High18.14
52 Week Low13.35
CS1 End16.04
CR1 Start16.35
Volume & EV
DER(3)-2.07%
DER(5)-2.14%
Volume247.90K
Volume Incr22.18%
Vol(5)310.18K
Vol(50)300.10K