EAGLE POINT CREDIT CO INC (ECC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ECC - US2698081013
Overall ECC gets a technical rating of 0 out of 10. ECC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ECC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 5.90, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
5.41
2 important support areas can be observed.
- A support zone ranging from 5.74 to 5.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.46 to 5.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 6.05 to 6.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.28 to 6.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.63 from a trend line in the weekly time frame.
- Resistance @7.92 from a horizontal line in the daily 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 ECC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECC is neutral. |
| ChartMill Relative Strength | 12.6 | NEGATIVE | ECC has a low relative strength, it was outperformed by 87.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ECC is above 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) | 51.97 | NEUTRAL | The RSI value for ECC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ECC has a positive trend. |
| Stochastics (14,3) | 54.54 | NEUTRAL | The Stochastics value for ECC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for ECC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.61 | NEGATIVE | The low ADX value for ECC suggests a weak or negative trend. |
5.9
+0.1 (+1.72%)
EAGLE POINT CREDIT CO INC / ECC 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 51.9672. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for EAGLE POINT CREDIT CO INC?
EAGLE POINT CREDIT CO INC (ECC) has a support level at 5.9 and a resistance level at 6.05. Check the full technical report for our detailed analysis of ECC support and resistance levels.