ECN CAPITAL CORP (ECN.CA) Stock Technical Analysis
TSX:ECN - Toronto Stock Exchange - CA26829L1076 - Common Stock - Currency: CAD
Overall ECN gets a technical rating of 7 out of 10. In the last year, ECN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Both the short term and long term trends are positive. This is a very positive sign.
ECN is part of the Financial Services industry. There are 28 other stocks in this industry. ECN outperforms 81% of them.
ECN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that ECN is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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.
Besides having an excellent technical rating, ECN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for ECN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.44
3.09
4 important support areas can be observed.
- A support zone ranging from 2.99 to 2.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.68 from a trend line in the weekly time frame.
- A support zone ranging from 2.57 to 2.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.46 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.00 to 3.06. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ECN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECN.CA is up. |
| ChartMill Relative Strength | 78.43 | POSITIVE | ECN.CA has a high relative strength, it outperformed 78.43% off all stocks 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) | 62.13 | NEUTRAL | The RSI value for ECN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ECN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.07 | NEUTRAL | The Stochastics value for ECN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for ECN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 37.21 | POSITIVE | The high ADX value value for ECN.CA suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.07 | 2.98 | 0.09 (2.93%) | 25.00% |
| An entry @3.07. This is a Buy Stop order right above the resistance zone. | An exit @2.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.09 points, which is 2.93%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%. |
- The distance between exit and entry is rather small compared to the average daily movement of ECN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ECN (7/21/2025, 7:00:00 PM)
3
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0%
1 Week-1.32%
2 Weeks4.9%
1 Month14.07%
3 Month7.91%
6 Month-7.41%
12 Month48.51%
2 Year14.5%
3 Year-49.83%
5 Year-36.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%2.88%
ATR Inc-62.31%
Range Today0.02
ADR(20)0.08
ADR(20)%2.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.43
Mansfield0.23
10 Day High3.1
10 Day Low2.85
20 Day High3.1
20 Day Low2.63
52 Week High3.52
52 Week Low1.96
CS1 End2.99
CR1 Start3
Volume & EV
DER(3)7.79%
DER(5)4.75%
Volume132.37K
Volume Incr-57.81%
Vol(5)58.00K
Vol(50)177.92K