ECD AUTOMOTIVE DESIGN INC (ECDA) Stock Technical Analysis
NASDAQ:ECDA - Nasdaq - US27877D1046 - Common Stock - Currency: USD
Taking everything into account, ECDA scores 0 out of 10 in our technical rating. ECDA'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.
When comparing the yearly performance of all stocks, ECDA is a bad performer in the overall market: 99% of all stocks are doing better.
ECDA is one of the lesser performing stocks in the Automobiles industry. 97% of 37 stocks in the same industry do better.
ECDA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ECDA has a been trading in the 0.24 - 0.73 range, which is quite wide. It is currently trading near the lows of this range.
ECDA has an average volume of 9028150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ECDA has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.25
0.33
When analyzing the support we notice one important area.
- A support zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.33 from a trend 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 ECDA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ECDA is down. |
| ChartMill Relative Strength | 1.21 | NEGATIVE | ECDA has a low relative strength, it was outperformed by 98.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECDA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ECDA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ECDA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.72 | NEUTRAL | The RSI value for ECDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ECDA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.11 | OVERSOLD | The low Stochastics value suggests ECDA may be oversold. |
| Average True Range in percent/ATR (20) | 19.68 | HIGH VOLATILITY | The high ATR as a percentage value for ECDA suggests high volalility. |
| Average Directional Index/ADX (14) | 52.07 | POSITIVE | The high ADX value value for ECDA suggests a strong 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)
0.279
+0.02 (+7.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg7.23%
1 Week0%
2 Weeks-7%
1 Month-8.82%
3 Month-58.01%
6 Month-71.53%
12 Month-77.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%19.68%
ATR Inc-30.95%
Range Today0.04
ADR(20)0.05
ADR(20)%18.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.21
Mansfield-6.89
10 Day High0.73
10 Day Low0.24
20 Day High0.73
20 Day Low0.24
52 Week High1.35
52 Week Low0.24
CS1 End0.25
CR1 Start0.32
Volume & EV
DER(3)-2.1%
DER(5)-4.54%
Volume5.04M
Volume Incr-66.78%
Vol(5)6.79M
Vol(50)9.03M