OKEANIS ECO TANKERS CORP (ECO) Stock Technical Analysis
NYSE:ECO - MHY641771016 - Common Stock
27.57 USD
+0.71 (+2.64%)
27.57 USD
0 (0%)
Overall ECO gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ECO is only an average performer.
The long and short term trends are both positive. This is looking good!
In the last month ECO has a been trading in the 23.82 - 27.85 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, ECO outperforms 45% of them, which is more or less in line with the market.
ECO is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, ECO did better than 49% 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.
Although ECO has an excellent technical rating, it 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
18.64
27.86
We found 4 important support areas.
- Support @25.31 from a trend line in the daily time frame.
- A support zone ranging from 23.98 to 24.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 23.60 to 23.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.83 to 18.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 27.58 to 27.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ECO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECO is up. |
| ChartMill Relative Strength | 45.29 | NEUTRAL | ECO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.8 | NEUTRAL | The RSI value for ECO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ECO has a positive trend. |
| Stochastics (14,3) | 83.01 | OVERBOUGHT | The high Stochastics value suggests ECO may be overbought. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for ECO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.74 | NEUTRAL | The ADX value for ECO 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)
27.57
+0.71 (+2.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.64%
1 Week1.06%
2 Weeks6.37%
1 Month16.82%
3 Month18.17%
6 Month31.22%
12 Month-12.36%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%3.02%
ATR Inc-11.25%
Range Today0.64
ADR(20)0.7
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.29
Mansfield0.27
10 Day High27.85
10 Day Low25.47
20 Day High27.85
20 Day Low23.82
52 Week High35.64
52 Week Low17.91
CS1 End25.31
CR1 Start27.58
Volume & EV
DER(3)3.41%
DER(5)2.35%
Volume132.49K
Volume Incr-10.94%
Vol(5)115.02K
Vol(50)123.84K