ECOSYNTHETIX INC (ECO.CA) Stock Technical Analysis
Canada - TSX:ECO - CA27923D1087 - Common Stock
4.3 CAD
+0.03 (+0.7%)
Overall ECO gets a technical rating of 4 out of 10. In the last year, ECO was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, ECO is a bad performer in the overall market: 68% of all stocks are doing better.
ECO is one of the lesser performing stocks in the Chemicals industry. 60% of 29 stocks in the same industry do better.
In the last month ECO has a been trading in the 4.05 - 4.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ECO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ECO is lagging the market.
Considerably lower volume is observed in the last couple of days.
ECO 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. There is a resistance zone just above the current price starting at 4.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.26, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ECO in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.75
5.23
We found 2 important support areas.
- A support zone ranging from 4.21 to 4.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.79 to 4.11. 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 4.33 to 4.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 4.43 to 4.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.82 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 | 32.9 | NEUTRAL | ECO.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.36 | NEUTRAL | The RSI value for ECO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ECO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.5 | NEUTRAL | The Stochastics value for ECO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for ECO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 9.24 | NEGATIVE | The low ADX value for ECO.CA suggests a weak or negative 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)
TSX:ECO (9/19/2025, 7:00:00 PM)
4.3
+0.03 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.7%
1 Week0.94%
2 Weeks0%
1 Month5.91%
3 Month4.88%
6 Month-1.6%
12 Month0.23%
2 Year15.59%
3 Year6.7%
5 Year86.96%
10 Year225.76%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%3.34%
ATR Inc-51.34%
Range Today0.05
ADR(20)0.13
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.9
Mansfield-0.97
10 Day High4.41
10 Day Low4.18
20 Day High4.5
20 Day Low4.05
52 Week High5.32
52 Week Low3.8
CS1 End4.26
CR1 Start4.33
Volume & EV
DER(3)10.2%
DER(5)5.38%
Volume5.65K
Volume Incr-49.22%
Vol(5)35.37K
Vol(50)54.55K