AQUAFIL SPA (ECNL.MI) Stock Technical Analysis
Europe - BIT:ECNL - IT0005241192 - Common Stock
Taking everything into account, ECNL scores 6 out of 10 in our technical rating. ECNL has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
ECNL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.86, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ECNL 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
1.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.81 to 1.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.47 from a trend line in the weekly time frame.
- Support @1.18 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.92 to 1.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.99 from a horizontal line in the weekly 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 ECNL.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECNL.MI is neutral. |
| ChartMill Relative Strength | 74.22 | POSITIVE | ECNL.MI has a high relative strength, it outperformed 74.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECNL.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ECNL.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECNL.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.3 | NEUTRAL | The RSI value for ECNL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ECNL.MI has a negative trend. |
| Stochastics (14,3) | 39.33 | NEUTRAL | The Stochastics value for ECNL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for ECNL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.97 | NEGATIVE | The low ADX value for ECNL.MI suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 1.96 | 1.82 | 0.14 (7.14%) | 14.00% |
| An entry @1.96. This is a Buy Stop order right above the resistance zone. | An exit @1.82. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 7.14%. | For a 1.00% total portfolio risk, you can invest 14.00% 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.
BIT:ECNL (11/3/2025, 7:00:00 PM)
1.874
-0.03 (-1.37%)
AQUAFIL SPA / ECNL.MI FAQ
What is the technical rating for ECNL stock?
ChartMill assigns a technical rating of 6 / 10 to ECNL.MI.
What is the current trend direction of AQUAFIL SPA (ECNL.MI) stock?
The current trend direction for AQUAFIL SPA (ECNL.MI) is Bullish.
What is the RSI signal for ECNL stock?
AQUAFIL SPA (ECNL.MI) has an RSI value of 46.3011. This indicates that the stock is currently neutral.
What is the short term momentum for ECNL stock?
The short term momentum for AQUAFIL SPA (ECNL.MI) is neutral.
What is the support and resistance level for ECNL stock?
AQUAFIL SPA (ECNL.MI) has a support level at 1.86 and a resistance level at 1.92. Check the full technical report for our detailed analysis of ECNL.MI support and resistance levels.