BIT:ECOF - Euronext Milan - JE00B6TK3K31 - ETF - Currency: EUR
Taking everything into account, ECOF scores 0 out of 10 in our technical rating. ECOF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ECOF 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.
5.75
We found 1 important support area.
We can see 2 important resistance areas.
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 ECOF.MI is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ECOF.MI is down. |
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) | DOWN | NEGATIVE | The current price of ECOF.MI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ECOF.MI is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 39.95 | NEUTRAL | The RSI value for ECOF.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ECOF.MI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 18.14 | OVERSOLD | The low Stochastics value suggests ECOF.MI may be oversold. |
Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for ECOF.MI suggests high volalility. |
Average Directional Index/ADX (14) | 22.99 | NEUTRAL | The ADX value for ECOF.MI suggests a possible start of a new trend. |
BIT:ECOF (7/28/2025, 7:00:00 PM)
6.216
-0.01 (-0.11%)