EAGLE POINT CREDIT CO INC (ECC) Technical Analysis
NYSE:ECC • US2698081013
Current stock price
ECC Technical Rating and Analysis
Taking everything into account, ECC scores 0 out of 10 in our technical rating. ECC'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 94% of all other stocks performed better in the past year than ECC.
- ECC is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ECC is lagging the market.
- In the last month ECC has a been trading in the 3.49 - 4.74 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ECC has an average volume of 2695950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ECC Weekly and Daily overview Charts
ECC Setup Rating and Analysis
The technical rating of ECC 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
ECC Support and Resistance Analysis
3.52
4 important resistance areas can be observed.
- A resistance zone ranging from 3.98 to 4.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.23 from a trend line in the daily time frame.
- Resistance @6.20 from a trend line in the weekly time frame.
- Resistance @6.78 from a trend line in the weekly time frame.
ECC 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 | DOWN | NEGATIVE | The long term trend for ECC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ECC is down. |
| ChartMill Relative Strength | 6.53 | NEGATIVE | ECC has a low relative strength, it was outperformed by 93.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ECC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ECC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.88 | OVERSOLD | The low RSI value suggests ECC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ECC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 14.53 | OVERSOLD | The low Stochastics value suggests ECC may be oversold. |
| Average True Range in percent/ATR (20) | 5.61 | HIGH VOLATILITY | The high ATR as a percentage value for ECC suggests high volalility. |
| Average Directional Index/ADX (14) | 46.45 | POSITIVE | The high ADX value value for ECC suggests a strong trend. |
ECC Chart- and CandleStick Pattern Analysis
ECC Technicals: Chart, Performance Metrics, Trend & Indicators
3.56
-0.24 (-6.32%)
EAGLE POINT CREDIT CO INC / ECC TA FAQ
Can you provide the ChartMill technical rating for EAGLE POINT CREDIT CO INC?
ChartMill assigns a technical rating of 0 / 10 to ECC.
What is the trend direction for ECC stock?
The current trend direction for EAGLE POINT CREDIT CO INC (ECC) is Bearish.
Can you provide the RSI signal for EAGLE POINT CREDIT CO INC?
EAGLE POINT CREDIT CO INC (ECC) has an RSI value of 27.8849. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for EAGLE POINT CREDIT CO INC?
The buy/sell signal for EAGLE POINT CREDIT CO INC (ECC) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for EAGLE POINT CREDIT CO INC (ECC) stock?
EAGLE POINT CREDIT CO INC (ECC) has a resistance level at 3.98. Check the full technical report for our detailed analysis of ECC support and resistance levels.