COLUMBIA RESEARCH ENHANCED E (ECON) Stock Technical Analysis
NYSEARCA:ECON - NYSE Arca - US19762B5093 - ETF - Currency: USD
Overall ECON gets a technical rating of 8 out of 10. Although ECON is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ECON has an average volume of 11378 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ECON is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ECON is leading the market.
When comparing the performance of all stocks over the past year, ECON turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
In the last month ECON has a been trading in a tight range between 22.14 and 23.16.
Considerably lower volume is observed in the last couple of days.
Although ECON has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
19.59
23.35
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.52 to 22.80. 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 20.20 to 20.41. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @19.79 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.02 to 23.12. 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 ECON is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECON is up. |
| ChartMill Relative Strength | 67.77 | NEUTRAL | ECON is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECON is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECON is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECON is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.21 | NEUTRAL | The RSI value for ECON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ECON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51 | NEUTRAL | The Stochastics value for ECON is a neutral value. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for ECON suggests low volalility. |
| Average Directional Index/ADX (14) | 15.87 | NEGATIVE | The low ADX value for ECON suggests a weak or negative 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)
NYSEARCA:ECON (6/4/2025, 8:21:14 PM)
23.0135
+0.27 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.17%
1 Week1.35%
2 Weeks0.14%
1 Month2.35%
3 Month4.34%
6 Month7.59%
12 Month8.97%
2 Year11.36%
3 Year7.14%
5 Year0.8%
10 Year-11.69%
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.86%
ATR Inc23.25%
Range Today0.1
ADR(20)0.12
ADR(20)%0.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.77
Mansfield0.24
10 Day High23.16
10 Day Low22.44
20 Day High23.16
20 Day Low22.14
52 Week High23.16
52 Week Low18.97
CS1 End22.8
CR1 Start23.02
Volume & EV
DER(3)1.31%
DER(5)0.79%
Volume2.80K
Volume Incr-35.97%
Vol(5)3.56K
Vol(50)11.38K