Logo image of ECOL

US ECOLOGY INC (ECOL) Stock Technical Analysis

USA - NASDAQ:ECOL - US91734M1036 - Common Stock

47.99
-0.02 (-0.04%)
Last: 4/29/2022, 8:05:54 PM
47.99
0 (0%)
After Hours: 4/29/2022, 8:05:54 PM
Technical Rating and Analysis

9

Taking everything into account, ECOL scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, ECOL has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
ECOL is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 100% of 84 stocks in the same industry.
ECOL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the yearly performance of all stocks, we notice that ECOL is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month ECOL has a been trading in a tight range between 47.86 and 48.09.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
US ECOLOGY INC / ECOL Weekly stock chart
US ECOLOGY INC / ECOL Daily stock chart
Setup Rating and Analysis

8

ECOL has an excellent technical rating and also presents 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 47.97, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

35.57

48.50

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 47.24 to 47.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @35.93 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 48.00 to 48.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ECOL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ECOL is up.
ChartMill Relative Strength97.36POSITIVEECOL has a high relative strength, it outperformed 97.36% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ECOL is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ECOL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ECOL is above the rising SMA(200).
Relative Strength Index/RSI (14)72.2OVERBOUGHTThe high RSI value suggests ECOL may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.12NEGATIVEThe MACD value suggests ECOL has a negative trend, although the MACD value is rising.
Stochastics (14,3)49.58NEUTRALThe Stochastics value for ECOL is a neutral value.
Average True Range in percent/ATR (20)0.14LOW VOLATILITYThe low ATR as a percentage value for ECOL suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
48.0347.910.12 (0.25%)25.00%
An entry @48.03. This is a Buy Stop order right above the resistance zone.An exit @47.91. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.12 points, which is 0.25%.For a 0.06% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
US ECOLOGY INC / ECOL Daily stock chart

US ECOLOGY INC

NASDAQ:ECOL (4/29/2022, 8:05:54 PM)

After market: 47.99 0 (0%)

47.99

-0.02 (-0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.04%
1 Week0.04%
2 Weeks0.1%
1 Month0.23%
3 Month75.34%
6 Month49.08%
12 Month13.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%0.14%
ATR Inc-45.88%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.36
Mansfield3.61
10 Day High48.09
10 Day Low47.92
20 Day High48.09
20 Day Low47.86
52 Week High48.09
52 Week Low26.26
CS1 End47.97
CR1 Start48
Volume & EV
DER(3)2.78%
DER(5)2.19%
Volume1.06M
Volume Incr31.24%
Vol(5)1.20M
Vol(50)799.52K