ECOSUNTEK SPA (ECK.MI) Stock Technical Analysis
BIT:ECK - Euronext Milan - IT0005001943 - Common Stock - Currency: EUR
Taking everything into account, ECK scores 9 out of 10 in our technical rating. In the last year, ECK was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: ECK has an average volume of 4558 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, ECK did better than 97% of all other stocks. We also observe that the gains produced by ECK over the past year are nicely spread over this period.
ECK is part of the Independent Power and Renewable Electricity Producers industry. There are 21 other stocks in this industry. ECK outperforms 95% of them.
ECK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ECK is performing more or less in line with the market.
In the last month ECK has a been trading in the 13.70 - 23.40 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ECK has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.69
22.02
When analyzing the support we can see 2 important areas.
- Support @16.14 from a trend line in the daily time frame.
- Support @14.84 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 | NEUTRAL | NEUTRAL | The long term trend for ECK.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECK.MI is up. |
| ChartMill Relative Strength | 97.71 | POSITIVE | ECK.MI has a high relative strength, it outperformed 97.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECK.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECK.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 60.13 | NEUTRAL | The RSI value for ECK.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.87 | POSITIVE | The MACD value suggests ECK.MI has a positive trend. |
| Stochastics (14,3) | 88.89 | OVERBOUGHT | The high Stochastics value suggests ECK.MI may be overbought. |
| Average True Range in percent/ATR (20) | 6.73 | HIGH VOLATILITY | The high ATR as a percentage value for ECK.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.89 | NEGATIVE | The low ADX value for ECK.MI suggests a weak or negative 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)
BIT:ECK (6/12/2025, 7:00:00 PM)
21.8
-0.4 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-1.8%
1 Week25.29%
2 Weeks50.87%
1 Month11.22%
3 Month-4.8%
6 Month38.85%
12 Month142.22%
2 Year4.31%
3 Year136.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.54
ATR(20)%6.73%
ATR Inc-42.73%
Range Today0.8
ADR(20)0.78
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.71
Mansfield1.71
10 Day High23.4
10 Day Low15
20 Day High23.4
20 Day Low13.7
52 Week High25.4
52 Week Low6.7
CS1 End16.14
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume4.27K
Volume Incr546.15%
Vol(5)9.70K
Vol(50)4.56K