AQUAFIL SPA (ECNL.MI) Stock Technical Analysis
BIT:ECNL - Euronext Milan - IT0005241192 - Common Stock - Currency: EUR
Taking everything into account, ECNL scores 3 out of 10 in our technical rating. ECNL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ECNL is a bad performer in the overall market: 94% of all stocks are doing better.
ECNL is currently trading in the lower part 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.
In the last month ECNL has a been trading in the 1.31 - 1.45 range, which is quite wide. It is currently trading near the lows of this range.
ECNL is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 54% of 45 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
ECNL has a poor technical rating and the quality of the setup is also only medium 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
1.14
1.48
When analyzing the support we can see 3 important areas.
- Support @1.24 from a trend line in the daily time frame.
- A support zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.42 to 1.47. 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 | DOWN | NEGATIVE | The long term trend for ECNL.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ECNL.MI is down. |
| ChartMill Relative Strength | 6.39 | NEGATIVE | ECNL.MI has a low relative strength, it was outperformed by 93.61% 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 | POSITIVE | The current price of ECNL.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ECNL.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.29 | 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) | 17.32 | OVERSOLD | The low Stochastics value suggests ECNL.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for ECNL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.51 | NEGATIVE | The low ADX value for ECNL.MI suggests a weak or negative 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)
BIT:ECNL (6/19/2025, 4:14:49 PM)
1.336
-0.01 (-0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.89%
1 Week-5.52%
2 Weeks-5.11%
1 Month-3.47%
3 Month-6.05%
6 Month0%
12 Month-55.76%
2 Year-64.47%
3 Year-78.79%
5 Year-65.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%2.81%
ATR Inc-0.82%
Range Today0.02
ADR(20)0.04
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.39
Mansfield-2.69
10 Day High1.45
10 Day Low1.31
20 Day High1.45
20 Day Low1.31
52 Week High3.05
52 Week Low1.08
CS1 End1.24
CR1 Start1.42
Volume & EV
DER(3)-13%
DER(5)-7.8%
Volume174
Volume Incr-65.15%
Vol(5)64.34K
Vol(50)119.95K