ECB BANCORP INC (ECBK) Technical Analysis
NASDAQ:ECBK • US26828M1062
Current stock price
ECBK Technical Rating and Analysis
Overall ECBK gets a technical rating of 2 out of 10. ECBK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- ECBK is part of the Banks industry. There are 380 other stocks in this industry, of which 74% are performing better than ECBK.
- Warning: ECBK has an average volume of 10762 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, ECBK turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- ECBK 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 ECBK is lagging the market slightly.
- In the last month ECBK has a been trading in the 15.88 - 17.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ECBK Weekly and Daily overview Charts
ECBK Setup Rating and Analysis
ECBK 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 16.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.24, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ECBK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ECBK Support and Resistance Analysis
14.60
2 important support areas can be observed.
- A support zone ranging from 15.93 to 16.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.75 to 15.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 16.97 to 17.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.21 to 18.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
ECBK Technical Indicator Signal Analysis
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 ECBK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECBK is neutral. |
| ChartMill Relative Strength | 49.39 | NEUTRAL | ECBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ECBK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ECBK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.36 | NEUTRAL | The RSI value for ECBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ECBK has a positive trend. |
| Stochastics (14,3) | 74.05 | NEUTRAL | The Stochastics value for ECBK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for ECBK suggests some volalility. |
| Average Directional Index/ADX (14) | 14.19 | NEGATIVE | The low ADX value for ECBK suggests a weak or negative trend. |
ECBK Chart- and CandleStick Pattern Analysis
ECBK Technicals: Chart, Performance Metrics, Trend & Indicators
16.93
+0.04 (+0.24%)
ECB BANCORP INC / ECBK TA FAQ
Can you provide the ChartMill technical rating for ECB BANCORP INC?
ChartMill assigns a technical rating of 2 / 10 to ECBK.
What is the current trend direction of ECB BANCORP INC (ECBK) stock?
The current trend direction for ECB BANCORP INC (ECBK) is Bearish.
What is the RSI signal for ECB BANCORP INC (ECBK) stock?
ECB BANCORP INC (ECBK) has an RSI value of 51.3581. This indicates that the stock is currently neutral.
What is the short term momentum for ECBK stock?
The short term momentum for ECB BANCORP INC (ECBK) is neutral.
Can you provide the support and resistance levels for ECB BANCORP INC?
ECB BANCORP INC (ECBK) has a support level at 16.24 and a resistance level at 16.97. Check the full technical report for our detailed analysis of ECBK support and resistance levels.