ECOSYNTHETIX INC (ECO.CA) Stock Technical Analysis
TSX:ECO - Toronto Stock Exchange - CA27923D1087 - Common Stock - Currency: CAD
Overall ECO gets a technical rating of 1 out of 10. 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.
71% of all other stocks performed better in the past year 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.
In the last month ECO has a been trading in the 3.87 - 4.73 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
ECO is part of the Chemicals industry. There are 27 other stocks in this industry, ECO did better than 42% of them.
Considerably lower volume is observed in the last couple of days.
ECO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.95, a Stop Loss order could be placed below this zone.
More info and screens
3.75
5.23
When analyzing the support we notice one important area.
- 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 4 important resistance areas.
- Resistance @4.07 from a trend line in the weekly time frame.
- A resistance zone ranging from 4.14 to 4.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.85 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 | DOWN | NEGATIVE | The short term trend for ECO.CA is down. |
| ChartMill Relative Strength | 29.23 | NEGATIVE | ECO.CA has a low relative strength, it was outperformed by 70.77% 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) | UP | MIXED | The current price of ECO.CA is below the rising 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) | 44.12 | NEUTRAL | The RSI value for ECO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ECO.CA has a negative trend. |
| Stochastics (14,3) | 16.81 | OVERSOLD | The low Stochastics value suggests ECO.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for ECO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.34 | NEUTRAL | The ADX value for ECO.CA suggests a possible start of a new 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 (8/19/2025, 7:00:00 PM)
4.06
+0.02 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.5%
1 Week-6.24%
2 Weeks-5.8%
1 Month-0.98%
3 Month1.5%
6 Month-20.39%
12 Month0%
2 Year-4.02%
3 Year-4.25%
5 Year75.76%
10 Year185.92%
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%4.94%
ATR Inc-8.5%
Range Today0.11
ADR(20)0.19
ADR(20)%4.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.23
Mansfield-1.24
10 Day High4.43
10 Day Low3.87
20 Day High4.73
20 Day Low3.87
52 Week High5.32
52 Week Low3.8
CS1 End3.95
CR1 Start4.07
Volume & EV
DER(3)-14.52%
DER(5)-13.41%
Volume20.42K
Volume Incr-73.05%
Vol(5)15.12K
Vol(50)36.41K