ECN CAPITAL CORP (ECN.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ECN - CA26829L1076 - Common Stock
We assign a technical rating of 5 out of 10 to ECN. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ECN is a bad performer.
- 63% of all other stocks performed better in the past year than ECN.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- ECN is one of the better performing stocks in the Financial Services industry, it outperforms 70% of 28 stocks in the same industry.
- ECN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ECN is lagging the market.
- In the last month ECN has a been trading in a tight range between 3.03 and 3.07.
Although the technical rating is only medium, ECN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.05, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ECN in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.66
4 important support areas can be observed.
- A support zone ranging from 3.02 to 3.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.81 to 2.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.75 from a horizontal line in the daily time frame.
- A support zone ranging from 2.69 to 2.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Strong resistance @3.06 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.11 to 3.15. 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 | UP | POSITIVE | The long term trend for ECN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECN.CA is neutral. |
| ChartMill Relative Strength | 37.76 | NEUTRAL | ECN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.24 | NEUTRAL | The RSI value for ECN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ECN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25 | NEUTRAL | The Stochastics value for ECN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for ECN.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 35.83 | POSITIVE | The high ADX value value for ECN.CA suggests a strong trend. |
TSX:ECN (1/28/2026, 7:00:00 PM)
3.05
+0.01 (+0.33%)
ECN CAPITAL CORP / ECN.CA FAQ
What is the ChartMill technical rating of ECN CAPITAL CORP (ECN.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to ECN.CA.
What is the trend direction for ECN stock?
The current trend direction for ECN CAPITAL CORP (ECN.CA) is Bullish.
What is the RSI signal for ECN stock?
ECN CAPITAL CORP (ECN.CA) has an RSI value of 53.2396. This indicates that the stock is currently neutral.
What are the support and resistance levels for ECN CAPITAL CORP (ECN.CA) stock?
ECN CAPITAL CORP (ECN.CA) has a support level at 3.05 and a resistance level at 3.06. Check the full technical report for our detailed analysis of ECN.CA support and resistance levels.