ECONOCOM GROUP (ECONB.BR) Technical Analysis
EBR:ECONB • BE0974313455
Current stock price
ECONB.BR Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ECONB. ECONB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ECONB is a bad performer in the overall market: 89% of all stocks are doing better.
- ECONB is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ECONB is lagging the market.
- In the last month ECONB has a been trading in the 1.39 - 1.55 range, which is quite wide. It is currently trading near the lows of this range.
- ECONB is an average performer in the IT Services industry, it outperforms 45% of 73 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
ECONB.BR Weekly and Daily overview Charts
ECONB.BR Setup Rating and Analysis
ECONB has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
ECONB.BR Support and Resistance Analysis
1.38
When analyzing the support we notice one important area.
- A support zone ranging from 1.39 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
7 important resistance areas can be observed.
- A resistance zone ranging from 1.53 to 1.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.68 from a trend line in the weekly time frame.
- Resistance @1.72 from a horizontal line in the weekly time frame.
- Resistance @1.80 from a trend line in the daily time frame.
- Resistance @1.88 from a horizontal line in the daily time frame.
- Resistance @1.94 from a trend line in the weekly time frame.
- Resistance @2.04 from a horizontal line in the weekly time frame.
ECONB.BR 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ECONB.BR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ECONB.BR is down. |
| ChartMill Relative Strength | 11.18 | NEGATIVE | ECONB.BR has a low relative strength, it was outperformed by 88.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECONB.BR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ECONB.BR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ECONB.BR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.72 | OVERSOLD | The low RSI value suggests ECONB.BR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ECONB.BR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.42 | OVERSOLD | The low Stochastics value suggests ECONB.BR may be oversold. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for ECONB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 24.41 | NEUTRAL | The ADX value for ECONB.BR suggests a possible start of a new trend. |
ECONB.BR Chart- and CandleStick Pattern Analysis
ECONB.BR Technicals: Chart, Performance Metrics, Trend & Indicators
EBR:ECONB (4/2/2026, 7:00:00 PM)
1.4
-0.02 (-1.13%)
ECONOCOM GROUP / ECONB.BR TA FAQ
What is the ChartMill technical rating of ECONOCOM GROUP (ECONB.BR) stock?
ChartMill assigns a technical rating of 0 / 10 to ECONB.BR.
What is the trend direction for ECONB stock?
The current trend direction for ECONOCOM GROUP (ECONB.BR) is Bearish.
Can you provide the RSI signal for ECONOCOM GROUP?
ECONOCOM GROUP (ECONB.BR) has an RSI value of 29.7159. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for ECONOCOM GROUP?
The buy/sell signal for ECONOCOM GROUP (ECONB.BR) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for ECONOCOM GROUP?
ECONOCOM GROUP (ECONB.BR) has a support level at 1.39 and a resistance level at 1.53. Check the full technical report for our detailed analysis of ECONB.BR support and resistance levels.