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 1 out of 10. ECN 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.
In the last month ECN has a been trading in the 2.54 - 3.12 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ECN is one of the better performing stocks in the Financial Services industry, it outperforms 75% of 29 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, ECN turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
ECN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ECN is lagging the market slightly.
The technical rating of ECN is bad and it also does not present a 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
2.51
2.93
When analyzing the support we notice one important area.
- Support @2.54 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @2.57 from a trend line in the daily time frame.
- A resistance zone ranging from 2.80 to 2.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.87 to 2.90. 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 | NEUTRAL | NEUTRAL | The long term trend for ECN.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ECN.CA is down. |
| ChartMill Relative Strength | 67.05 | NEUTRAL | ECN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ECN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ECN.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.04 | NEUTRAL | The RSI value for ECN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ECN.CA has a negative trend. |
| Stochastics (14,3) | 4.01 | OVERSOLD | The low Stochastics value suggests ECN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for ECN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.12 | NEUTRAL | The ADX value for ECN.CA suggests a possible start of a new 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)
TSX:ECN (6/6/2025, 7:00:00 PM)
2.55
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0%
1 Week-8.6%
2 Weeks-7.27%
1 Month-10.53%
3 Month-16.39%
6 Month-7.27%
12 Month37.84%
2 Year-4.49%
3 Year-53.72%
5 Year-33.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%4.36%
ATR Inc23.38%
Range Today0.08
ADR(20)0.11
ADR(20)%4.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.05
Mansfield-0.51
10 Day High2.83
10 Day Low2.54
20 Day High3.12
20 Day Low2.54
52 Week High3.52
52 Week Low1.6
CS1 End2.54
CR1 Start2.57
Volume & EV
DER(3)-15.09%
DER(5)-19.44%
Volume267.79K
Volume Incr25.89%
Vol(5)239.62K
Vol(50)164.75K