ECOSYNTHETIX INC (ECO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ECO - CA27923D1087 - Common Stock
Taking everything into account, ECO scores 2 out of 10 in our technical rating. ECO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, ECO is a bad performer in the overall market: 86% of all stocks are doing better.
- ECO is part of the Chemicals industry. There are 27 other stocks in this industry, of which 84% are performing better than ECO.
- ECO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: ECO has an average volume of 23902 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month ECO has a been trading in the 3.81 - 4.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
The technical rating of ECO is bad and it also does not present a 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
3.76
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.90 to 3.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.80 to 3.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.17 to 4.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.43 to 4.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.58 from a trend line in the weekly time frame.
- Resistance @5.18 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ECO.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECO.CA is neutral. |
| ChartMill Relative Strength | 14.31 | NEGATIVE | ECO.CA has a low relative strength, it was outperformed by 85.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ECO.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ECO.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ECO.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.28 | NEUTRAL | The RSI value for ECO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ECO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.6 | NEUTRAL | The Stochastics value for ECO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for ECO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.24 | POSITIVE | The high ADX value value for ECO.CA suggests a strong trend. |
TSX:ECO (1/20/2026, 7:00:00 PM)
4
-0.3 (-6.98%)
ECOSYNTHETIX INC / ECO.CA FAQ
What is the ChartMill technical rating of ECOSYNTHETIX INC (ECO.CA) stock?
ChartMill assigns a technical rating of 2 / 10 to ECO.CA.
Can you provide the trend direction for ECOSYNTHETIX INC?
The current trend direction for ECOSYNTHETIX INC (ECO.CA) is Bearish.
What is the RSI signal for ECOSYNTHETIX INC (ECO.CA) stock?
ECOSYNTHETIX INC (ECO.CA) has an RSI value of 42.2804. This indicates that the stock is currently neutral.
What is the MACD signal for ECO stock?
The MACD indicator for ECOSYNTHETIX INC (ECO.CA) has a value of 0.00380342, indicating a bearish trend.