AQUAFIL SPA (ECNL.MI) Technical Analysis
BIT:ECNL • IT0005241192
Current stock price
ECNL.MI Technical Rating and Analysis
Overall ECNL gets a technical rating of 7 out of 10. ECNL has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- ECNL is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 77% of 41 stocks in the same industry.
- When compared to the yearly performance of all other stocks, ECNL outperforms 47% 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 currently trading near new highs, so ECNL is lagging the market.
- In the last month ECNL has a been trading in the 1.35 - 1.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ECNL.MI Weekly and Daily overview Charts
ECNL.MI Setup Rating and Analysis
Besides having an excellent technical rating, ECNL also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 1.46, a Stop Loss order could be placed below this zone.
More info and screens
ECNL.MI Support and Resistance Analysis
1.29
We found 3 important support areas.
- A support zone ranging from 1.42 to 1.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.37 from a horizontal line in the daily time frame.
- A support zone ranging from 1.30 to 1.34. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.53 from a trend line in the daily time frame.
- A resistance zone ranging from 1.56 to 1.57. 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 | NEUTRAL | NEUTRAL | The long term trend for ECNL.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECNL.MI is up. |
| ChartMill Relative Strength | 47.23 | 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) | UP | POSITIVE | The current price of ECNL.MI is above the rising 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) | 50.93 | NEUTRAL | The RSI value for ECNL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ECNL.MI has a negative trend. |
| Stochastics (14,3) | 51.47 | NEUTRAL | The Stochastics value for ECNL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for ECNL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.61 | NEGATIVE | The low ADX value for ECNL.MI suggests a weak or negative trend. |
ECNL.MI Chart- and CandleStick Pattern Analysis
ECNL.MI Example Setup
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 |
|---|---|---|---|
| 1.54 | 1.42 | 0.12 (7.53%) | 13.28% |
| An entry @1.54. This is a Buy Stop order right above the resistance zone. | An exit @1.42. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.12 points, which is 7.53%. | For a 1.00% total portfolio risk, you can invest 13.28% of your capital in this trade. |
- 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.
ECNL.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:ECNL (4/28/2026, 5:08:54 PM)
1.46
-0.02 (-1.08%)
AQUAFIL SPA / ECNL.MI TA FAQ
What is the technical rating for ECNL stock?
ChartMill assigns a technical rating of 7 / 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 50.9306. 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 -0.000951703, indicating a bearish trend.
Can you provide the support and resistance levels for AQUAFIL SPA?
AQUAFIL SPA (ECNL.MI) has a support level at 1.46 and a resistance level at 1.53. Check the full technical report for our detailed analysis of ECNL.MI support and resistance levels.