AQUAFIL SPA (ECNL.MI) Technical Analysis
BIT:ECNL • IT0005241192
Current stock price
ECNL.MI Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to ECNL. ECNL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- ECNL is part of the Textiles, Apparel & Luxury Goods industry. There are 46 other stocks in this industry. ECNL outperforms 86% of them.
- In the last month ECNL has a been trading in the 1.21 - 1.48 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- When compared to the yearly performance of all other stocks, ECNL outperforms 59% of them, which is more or less in line with the market.
- ECNL is currently trading in the middle 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 slightly.
ECNL.MI Weekly and Daily overview Charts
ECNL.MI Setup Rating and Analysis
Although the technical rating is bad, ECNL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.40, a Stop Loss order could be placed below this zone.
More info and screens
ECNL.MI Support and Resistance Analysis
1.30
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.38 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.31 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.44 to 1.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
ECNL.MI Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for ECNL.MI is neutral. |
| ChartMill Relative Strength | 59.62 | NEUTRAL | ECNL.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ECNL.MI is above 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) | 50.91 | NEUTRAL | The RSI value for ECNL.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ECNL.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.94 | OVERBOUGHT | The high Stochastics value suggests ECNL.MI may be overbought. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for ECNL.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.32 | NEGATIVE | The low ADX value for ECNL.MI suggests a weak or negative trend. |
ECNL.MI Chart- and CandleStick Pattern Analysis
ECNL.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:ECNL (3/27/2026, 5:10:03 PM)
1.404
-0.04 (-2.9%)
AQUAFIL SPA / ECNL.MI TA FAQ
What is the technical rating for ECNL stock?
ChartMill assigns a technical rating of 2 / 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 50.9143. 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 0.00684558, indicating a bearish trend.
Can you provide the short term momentum for AQUAFIL SPA?
The short term momentum for AQUAFIL SPA (ECNL.MI) is neutral.