TSX:ECN-PR-A - Toronto Stock Exchange -
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.
Although the technical rating is bad, ECN-PR-A does present a nice setup opportunity. 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.
24.56
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
TSX:ECN-PR-A (12/31/2021, 7:00:00 PM)
24.99
0 (0%)