EAGLE POINT CREDIT CO - ECC 7 3/4 06/30/30 (ECCU) Stock Technical Analysis
NYSE:ECCU - New York Stock Exchange, Inc. - - Currency: USD
We assign a technical rating of 3 out of 10 to ECCU. ECCU performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, ECCU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 24.61, a Stop Loss order could be placed below this zone.
More info and screens
23.67
When analyzing the support we notice one important area.
- A support zone ranging from 23.91 to 24.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 24.75 to 25.09. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ECCU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECCU is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ECCU has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECCU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECCU is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 50.3 | NEUTRAL | The RSI value for ECCU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ECCU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.8 | NEUTRAL | The Stochastics value for ECCU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for ECCU suggests low volalility. |
| Average Directional Index/ADX (14) | 18.15 | NEGATIVE | The low ADX value for ECCU suggests a weak or negative trend. |
EAGLE POINT CREDIT CO - ECC 7 3/4 06/30/30
NYSE:ECCU (6/26/2025, 8:04:01 PM)
24.68
-0.01 (-0.04%)