AQUAFIL SPA (ECNL.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ECNL - IT0005241192 - Common Stock
Overall ECNL gets a technical rating of 1 out of 10. 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.
ECNL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.38, 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
1.28
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.32 to 1.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.29 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.41 to 1.42. 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 | 12.98 | NEGATIVE | ECNL.MI has a low relative strength, it was outperformed by 87.02% off all stocks 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 | NEGATIVE | The current price of ECNL.MI is below 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) | 47.67 | NEUTRAL | The RSI value for ECNL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ECNL.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.44 | NEUTRAL | The Stochastics value for ECNL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for ECNL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.5 | NEGATIVE | The low ADX value for ECNL.MI suggests a weak or negative trend. |
BIT:ECNL (1/7/2026, 5:18:38 PM)
1.402
-0.02 (-1.27%)
AQUAFIL SPA / ECNL.MI FAQ
What is the technical rating for ECNL stock?
ChartMill assigns a technical rating of 1 / 10 to ECNL.MI.
Can you provide the trend direction for AQUAFIL SPA?
The current trend direction for AQUAFIL SPA (ECNL.MI) is Bearish.
Can you provide the RSI signal for AQUAFIL SPA?
AQUAFIL SPA (ECNL.MI) has an RSI value of 47.6736. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AQUAFIL SPA?
The MACD indicator for AQUAFIL SPA (ECNL.MI) has a value of 0.019443, indicating a bearish trend.
Can you provide the short term momentum for AQUAFIL SPA?
The short term momentum for AQUAFIL SPA (ECNL.MI) is negative.