ECOSYNTHETIX INC (ECO.CA) Stock Technical Analysis
TSX:ECO - Toronto Stock Exchange - CA27923D1087 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to ECO. In the past year, ECO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
64% of all other stocks performed better in the past year than ECO.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ECO has a been trading in the 3.81 - 4.45 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.
ECO is part of the Chemicals industry. There are 29 other stocks in this industry, ECO did better than 42% of them.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ECO has an average technical rating and it also 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
3.75
5.23
We found 3 important support areas.
- A support zone ranging from 4.28 to 4.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 4.04 to 4.17. 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 3.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.38 to 4.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.88 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 | UP | POSITIVE | The short term trend for ECO.CA is up. |
| ChartMill Relative Strength | 36.1 | 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) | DOWN | MIXED | The current price of ECO.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.27 | NEUTRAL | The RSI value for ECO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ECO.CA has a positive trend. |
| Stochastics (14,3) | 80.53 | OVERBOUGHT | The high Stochastics value suggests ECO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for ECO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 31.26 | POSITIVE | The high ADX value value for ECO.CA 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)
TSX:ECO (7/28/2025, 7:00:00 PM)
4.37
+0.06 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.39%
1 Week7.64%
2 Weeks9.52%
1 Month7.9%
3 Month2.82%
6 Month5.3%
12 Month5.05%
2 Year13.21%
3 Year9.52%
5 Year89.18%
10 Year157.06%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%2.31%
ATR Inc29.8%
Range Today0.15
ADR(20)0.09
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.1
Mansfield-0.57
10 Day High4.45
10 Day Low3.91
20 Day High4.45
20 Day Low3.81
52 Week High5.32
52 Week Low3.8
CS1 End4.34
CR1 Start4.38
Volume & EV
DER(3)10.48%
DER(5)7.76%
Volume148.13K
Volume Incr73.61%
Vol(5)52.33K
Vol(50)32.22K