Ecn Capital Corp (ECN-PR-A.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ECN-PR-A -
We assign a technical rating of 1 out of 10 to ECN-PR-A. ECN-PR-A has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- Warning: ECN-PR-A has an average volume of 8226 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- ECN-PR-A is part of the Financial Services industry. There are 28 other stocks in this industry. ECN-PR-A outperforms 81% of them.
- ECN-PR-A is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ECN-PR-A is lagging the market slightly.
- When compared to the yearly performance of all other stocks, ECN-PR-A outperforms 50% of them, which is more or less in line with the market.
- In the last month ECN-PR-A has a been trading in a tight range between 24.98 and 25.40.
- Considerably lower volume is observed in the last couple of days.
ECN-PR-A 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 a resistance zone just above the current price starting at 25.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.98, a Stop Loss order could be placed below this zone.
More info and screens
24.56
We found 1 important support area.
- A support zone ranging from 24.81 to 24.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 25.00 to 25.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.70 to 25.70. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for ECN-PR-A.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ECN-PR-A.CA is down. |
| ChartMill Relative Strength | 50.38 | NEUTRAL | ECN-PR-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECN-PR-A.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ECN-PR-A.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ECN-PR-A.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 25.52 | OVERSOLD | The low RSI value suggests ECN-PR-A.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ECN-PR-A.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.17 | OVERSOLD | The low Stochastics value suggests ECN-PR-A.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.1 | LOW VOLATILITY | The low ATR as a percentage value for ECN-PR-A.CA suggests low volalility. |
TSX:ECN-PR-A (12/31/2021, 7:00:00 PM)
24.99
0 (0%)
Ecn Capital Corp / ECN-PR-A.CA FAQ
Can you provide the ChartMill technical rating for Ecn Capital Corp?
ChartMill assigns a technical rating of 1 / 10 to ECN-PR-A.CA.
What is the trend direction for ECN-PR-A stock?
The current trend direction for Ecn Capital Corp (ECN-PR-A.CA) is Bearish.
What is the RSI signal for ECN-PR-A stock?
Ecn Capital Corp (ECN-PR-A.CA) has an RSI value of 25.5199. This indicates that the stock is currently oversold.
Can you provide the MACD signal for Ecn Capital Corp?
The MACD indicator for Ecn Capital Corp (ECN-PR-A.CA) has a value of -0.0176981, indicating a bearish trend.
Can you provide the support and resistance levels for Ecn Capital Corp?
Ecn Capital Corp (ECN-PR-A.CA) has a support level at 24.98 and a resistance level at 25. Check the full technical report for our detailed analysis of ECN-PR-A.CA support and resistance levels.