BIT:ECOF - JE00B6TK3K31 - ETF
Overall ECOF gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ECOF is a bad performer.
Although ECOF 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.
5.97
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The short term trend for ECOF.MI is up. |
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) | 62.57 | NEUTRAL | The RSI value for ECOF.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests ECOF.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 85.2 | OVERBOUGHT | The high Stochastics value suggests ECOF.MI may be overbought. |
Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for ECOF.MI suggests some volalility. |
Average Directional Index/ADX (14) | 21.78 | NEUTRAL | The ADX value for ECOF.MI suggests a possible start of a new trend. |
BIT:ECOF (9/4/2025, 7:00:00 PM)
7.949
+0.08 (+1.04%)