USA - NASDAQ:ECDA - US27877D1046 - Common Stock
Overall ECDA gets a technical rating of 0 out of 10. 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.
The technical rating of ECDA 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.
1.44
We can see 2 important resistance areas.
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 | 0.32 | NEGATIVE | ECDA has a low relative strength, it was outperformed by 99.68% 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) | 23.53 | OVERSOLD | The low RSI value suggests ECDA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ECDA has a negative trend. |
| Stochastics (14,3) | 3.08 | OVERSOLD | The low Stochastics value suggests ECDA may be oversold. |
| Average True Range in percent/ATR (20) | 20.07 | HIGH VOLATILITY | The high ATR as a percentage value for ECDA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.66 | NEGATIVE | The low ADX value for ECDA suggests a weak or negative trend. |
1.45
-0.04 (-2.68%)
ChartMill assigns a technical rating of 0 / 10 to ECDA.
The current trend direction for ECD AUTOMOTIVE DESIGN INC (ECDA) is Bearish.
ECD AUTOMOTIVE DESIGN INC (ECDA) has an RSI value of 23.5291. This indicates that the stock is currently oversold.
The short term momentum for ECD AUTOMOTIVE DESIGN INC (ECDA) is negative.
ECD AUTOMOTIVE DESIGN INC (ECDA) has a resistance level at 1.77. Check the full technical report for our detailed analysis of ECDA support and resistance levels.