AQUAFIL SPA (ECNL.MI) Stock Technical Analysis
Europe - BIT:ECNL - IT0005241192 - Common Stock
We assign a technical rating of 6 out of 10 to ECNL. In the last year, ECNL was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
ECNL has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 1.84, a Stop Loss order could be placed below this zone.
More info and screens
1.17
We found 3 important support areas.
- A support zone ranging from 1.83 to 1.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.46 from a trend line in the weekly time frame.
- Support @1.18 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.92 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 70.38 | POSITIVE | ECNL.MI has a high relative strength, it outperformed 70.38% 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) | UP | POSITIVE | The current price of ECNL.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.8 | 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) | 42.18 | NEUTRAL | The Stochastics value for ECNL.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for ECNL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.05 | NEUTRAL | The ADX value for ECNL.MI suggests a possible start of a new 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 |
|---|---|---|---|
| 1.93 | 1.82 | 0.11 (5.48%) | 18.25% |
| An entry @1.93. This is a Buy Stop order right above the 10 day moving average. | An exit @1.82. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.11 points, which is 5.48%. | When investing 18.25% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (10/31/2025, 5:28:40 PM)
1.9
-0.04 (-1.86%)
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 48.7959. 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 1.84 and a resistance level at 1.92. Check the full technical report for our detailed analysis of ECNL.MI support and resistance levels.