AQUAFIL SPA (ECNL.MI) Technical Analysis
BIT:ECNL • IT0005241192
Current stock price
ECNL.MI Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to ECNL. ECNL 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- ECNL is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 83% of 43 stocks in the same industry.
- In the last month ECNL has a been trading in the 1.21 - 1.47 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, ECNL outperforms 61% of them, which is more or less in line with the market.
- ECNL 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 ECNL is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
ECNL.MI Weekly and Daily overview Charts
ECNL.MI Setup Rating and Analysis
Although the technical rating is bad, ECNL does present a nice setup opportunity. 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. There is a resistance zone just above the current price starting at 1.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.41, a Stop Loss order could be placed below this zone.
More info and screens
ECNL.MI Support and Resistance Analysis
1.31
We found 2 important support areas.
- A support zone ranging from 1.39 to 1.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.32 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.44 to 1.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.47 to 1.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
ECNL.MI Technical Indicator Signal Analysis
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 ECNL.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECNL.MI is neutral. |
| ChartMill Relative Strength | 61.47 | NEUTRAL | ECNL.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECNL.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ECNL.MI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ECNL.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.61 | NEUTRAL | The RSI value for ECNL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ECNL.MI has a positive trend. |
| Stochastics (14,3) | 79.17 | NEUTRAL | The Stochastics value for ECNL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for ECNL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.23 | NEGATIVE | The low ADX value for ECNL.MI suggests a weak or negative trend. |
ECNL.MI Chart- and CandleStick Pattern Analysis
ECNL.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:ECNL (4/2/2026, 5:11:03 PM)
1.43
-0.01 (-0.69%)
AQUAFIL SPA / ECNL.MI TA FAQ
What is the technical rating for ECNL stock?
ChartMill assigns a technical rating of 2 / 10 to ECNL.MI.
Can you provide the trend direction for AQUAFIL SPA?
The current trend direction for AQUAFIL SPA (ECNL.MI) is Bearish.
What is the RSI signal for ECNL stock?
AQUAFIL SPA (ECNL.MI) has an RSI value of 53.6087. This indicates that the stock is currently neutral.
What is the MACD signal for ECNL stock?
The MACD indicator for AQUAFIL SPA (ECNL.MI) has a value of 0.00559967, indicating a bearish trend.
Can you provide the support and resistance levels for AQUAFIL SPA?
AQUAFIL SPA (ECNL.MI) has a support level at 1.41 and a resistance level at 1.44. Check the full technical report for our detailed analysis of ECNL.MI support and resistance levels.