WT COFFEE - EUR DAILY HEDGED (ECOF.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ECOF - JE00B6TK3K31 - ETF
Overall ECOF gets a technical rating of 6 out of 10. Although ECOF is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ECOF 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 very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- 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
6.45
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.13 to 8.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.93 to 7.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.64 to 7.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.52 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for ECOF.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECOF.MI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ECOF.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECOF.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECOF.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 54.61 | NEUTRAL | The RSI value for ECOF.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ECOF.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.04 | NEUTRAL | The Stochastics value for ECOF.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for ECOF.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.61 | NEGATIVE | The low ADX value for ECOF.MI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.61 | 8.12 | 0.49 (5.70%) | 17.54% |
| An entry @8.61. This is a Buy Stop order right above the 10 day high. | An exit @8.12. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.49 points, which is 5.70%. | For a 1.00% total portfolio risk, you can invest 17.54% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ECOF. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:ECOF (1/7/2026, 7:00:00 PM)
8.427
+0.07 (+0.83%)
WT COFFEE - EUR DAILY HEDGED / ECOF.MI FAQ
What is the ChartMill technical rating of WT COFFEE - EUR DAILY HEDGED (ECOF.MI) stock?
ChartMill assigns a technical rating of 6 / 10 to ECOF.MI.
What is the current trend direction of WT COFFEE - EUR DAILY HEDGED (ECOF.MI) stock?
The current trend direction for WT COFFEE - EUR DAILY HEDGED (ECOF.MI) is Bullish.
What is the RSI signal for WT COFFEE - EUR DAILY HEDGED (ECOF.MI) stock?
WT COFFEE - EUR DAILY HEDGED (ECOF.MI) has an RSI value of 54.6126. This indicates that the stock is currently neutral.
What is the support and resistance level for ECOF stock?
WT COFFEE - EUR DAILY HEDGED (ECOF.MI) has a support level at 8.29. Check the full technical report for our detailed analysis of ECOF.MI support and resistance levels.