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AQUAFIL SPA (ECNL.MI) Stock Technical Analysis

BIT:ECNL - Euronext Milan - IT0005241192 - Common Stock - Currency: EUR

1.356  +0.04 (+3.27%)

Technical Rating and Analysis

4

Taking everything into account, ECNL scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ECNL was also a bad performer in the overall market in the last year.

92% of all other stocks performed better in the past year than ECNL.
ECNL is currently trading near the lower end of its 52 week range, which is not a good sign. ECNL is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month ECNL has a been trading in the 1.08 - 1.37 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
ECNL is part of the Textiles, Apparel & Luxury Goods industry. There are 39 other stocks in this industry, ECNL did better than 50% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
AQUAFIL SPA / ECNL Weekly stock chart
AQUAFIL SPA / ECNL Daily stock chart
Setup Rating and Analysis

1

ECNL has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

1.15

1.50

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 1.18 to 1.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @1.16 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @1.43 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 1.47 to 1.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.82
Mansfield-3
10 Day High1.37
10 Day Low1.16
20 Day High1.37
20 Day Low1.08
52 Week High3.74
52 Week Low1.08
Performance
1 Week8.83%
2 Weeks11.88%
1 Month7.02%
3 Month3.51%
6 Month-22.87%
12 Month-62.44%
2 Year-65.23%
3 Year-80.5%
5 Year-54.8%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)63.94
LBB1.15
UBB1.34
AQUAFIL SPA / ECNL Daily stock chart

AQUAFIL SPA

BIT:ECNL (5/6/2025, 7:00:00 PM)

1.356

+0.04 (+3.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg3.27%
1 Week8.83%
2 Weeks11.88%
1 Month7.02%
3 Month3.51%
6 Month-22.87%
12 Month-62.44%
2 Year-65.23%
3 Year-80.5%
5 Year-54.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%3.91%
ATR Inc8.6%
Range Today0.08
ADR(20)0.05
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.82
Mansfield-3
10 Day High1.37
10 Day Low1.16
20 Day High1.37
20 Day Low1.08
52 Week High3.74
52 Week Low1.08
CS1 End1.19
CR1 Start1.43
Volume & EV
DER(3)20.66%
DER(5)12.37%
Volume138.93K
Volume Incr-41.83%
Vol(5)59.68K
Vol(50)165.99K