ECOSYNTHETIX INC (ECO.CA) Technical Analysis
TSX:ECO • CA27923D1087
Taking everything into account, ECO scores 0 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ECO is a bad performer in the overall market: 92% of all stocks are doing better.
- ECO is part of the Chemicals industry. There are 28 other stocks in this industry, of which 81% are performing better than ECO.
- ECO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ECO is lagging the market.
- ECO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: ECO has an average volume of 27480 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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
3.48
We can see 5 important resistance areas.
- A resistance zone ranging from 3.79 to 3.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.11 from a trend line in the daily time frame.
- A resistance zone ranging from 4.20 to 4.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.38 from a horizontal line in the daily time frame.
- Resistance @4.51 from a trend 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 | DOWN | NEGATIVE | The long term trend for ECO.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ECO.CA is down. |
| ChartMill Relative Strength | 8.96 | NEGATIVE | ECO.CA has a low relative strength, it was outperformed by 91.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECO.CA is below a declining 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) | 37.1 | NEUTRAL | The RSI value for ECO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ECO.CA has a negative trend. |
| Stochastics (14,3) | 25.11 | NEUTRAL | The Stochastics value for ECO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for ECO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.69 | NEGATIVE | The low ADX value for ECO.CA suggests a weak or negative trend. |
ECO.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ECO (3/9/2026, 7:00:00 PM)
3.52
-0.09 (-2.49%)
ECOSYNTHETIX INC / ECO.CA FAQ
What is the ChartMill technical rating of ECOSYNTHETIX INC (ECO.CA) stock?
ChartMill assigns a technical rating of 0 / 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 37.0964. 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 -0.0251841, indicating a bearish trend.
What is the buy/sell signal for ECOSYNTHETIX INC (ECO.CA) stock?
The buy/sell signal for ECOSYNTHETIX INC (ECO.CA) is sell as both the short term and long term trends are negative.