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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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 part of the Automobiles industry. There are 37 other stocks in this industry, of which 94% are performing better than ECDA.
ECDA is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month ECDA has a been trading in the 0.22 - 0.33 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.
ECDA has an average volume of 11807800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ECDA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.22
0.30
We found 1 important resistance area.
- Resistance @0.30 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 | 1.54 | NEGATIVE | ECDA has a low relative strength, it was outperformed by 98.46% 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) | 35.66 | 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. |
| Stochastics (14,3) | 13.26 | OVERSOLD | The low Stochastics value suggests ECDA may be oversold. |
| Average True Range in percent/ATR (20) | 17.38 | HIGH VOLATILITY | The high ATR as a percentage value for ECDA suggests high volalility. |
| Average Directional Index/ADX (14) | 54.17 | 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)
0.2206
-0.02 (-10%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-10%
1 Week-21.49%
2 Weeks-21.55%
1 Month-20.93%
3 Month-38.55%
6 Month-75.49%
12 Month-82.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%17.38%
ATR Inc-28.3%
Range Today0.02
ADR(20)0.04
ADR(20)%16.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.54
Mansfield-7.41
10 Day High0.33
10 Day Low0.22
20 Day High0.33
20 Day Low0.22
52 Week High1.32
52 Week Low0.22
CS1 EndN/A
CR1 Start0.3
Volume & EV
DER(3)-7.15%
DER(5)-5.29%
Volume2.92M
Volume Incr-11.13%
Vol(5)14.90M
Vol(50)11.81M