AQUAFIL SPA (ECNL.MI) Stock Technical Analysis
BIT:ECNL - IT0005241192 - Common Stock
1.858 EUR
-0.05 (-2.62%)
We assign a technical rating of 8 out of 10 to ECNL. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ECNL is only an average performer.
The long and short term trends are both positive. This is looking good!
ECNL is part of the Textiles, Apparel & Luxury Goods industry. There are 46 other stocks in this industry. ECNL outperforms 77% of them.
ECNL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ECNL is lagging the market slightly.
In the last month ECNL has a been trading in the 1.37 - 1.94 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, ECNL turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ECNL has an excellent technical rating, it does not offer a high quality setup 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
1.15
1.93
3 important support areas can be observed.
- A support zone ranging from 1.40 to 1.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.18 from a horizontal line in the weekly time frame.
- Support @1.16 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.91 to 1.91. 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 | UP | POSITIVE | The long term trend for ECNL.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECNL.MI is up. |
| ChartMill Relative Strength | 69.19 | NEUTRAL | ECNL.MI is not amongst the best or worst performers 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) | 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) | 74.71 | OVERBOUGHT | The high RSI value suggests ECNL.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ECNL.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.51 | OVERBOUGHT | The high Stochastics value suggests ECNL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for ECNL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 41.04 | POSITIVE | The high ADX value value for ECNL.MI suggests a strong 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 (9/8/2025, 7:00:00 PM)
1.858
-0.05 (-2.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-2.62%
1 Week8%
2 Weeks13.66%
1 Month34%
3 Month34.49%
6 Month50.32%
12 Month-6.8%
2 Year-27.05%
3 Year-65.42%
5 Year-47.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%4.28%
ATR Inc12.09%
Range Today0.08
ADR(20)0.08
ADR(20)%4.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.19
Mansfield1.63
10 Day High1.94
10 Day Low1.56
20 Day High1.94
20 Day Low1.37
52 Week High2.07
52 Week Low1.08
CS1 End1.42
CR1 Start1.91
Volume & EV
DER(3)1.92%
DER(5)0.95%
Volume368.61K
Volume Incr107.15%
Vol(5)496.59K
Vol(50)185.39K