ECONOCOM GROUP (ECONB.BR) Stock Technical Analysis
Europe - Euronext Brussels - EBR:ECONB - BE0974313455 - Common Stock
We assign a technical rating of 3 out of 10 to ECONB. Recently some decent action could be observed, but in the medium term time frame this is still negative. ECONB was also a bad performer in the overall market in the last year.
- 62% of all other stocks performed better in the past year than ECONB.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- ECONB is part of the IT Services industry. There are 76 other stocks in this industry, ECONB did better than 54% of them.
- ECONB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ECONB is lagging the market.
- In the last month ECONB has a been trading in the 1.54 - 1.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ECONB is bad and it also does not present a 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
1.74
We found 1 important support area.
- Support @1.76 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.00 from a horizontal line in the weekly time frame.
- Resistance @2.04 from a horizontal line in the weekly time frame.
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 ECONB.BR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECONB.BR is neutral. |
| ChartMill Relative Strength | 38.3 | NEUTRAL | ECONB.BR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECONB.BR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECONB.BR is above the rising 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) | 61.7 | NEUTRAL | The RSI value for ECONB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ECONB.BR has a positive trend. |
| Stochastics (14,3) | 66.37 | NEUTRAL | The Stochastics value for ECONB.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for ECONB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 24.51 | NEUTRAL | The ADX value for ECONB.BR suggests a possible start of a new trend. |
EBR:ECONB (1/15/2026, 5:29:49 PM)
1.784
+0.03 (+1.83%)
ECONOCOM GROUP / ECONB.BR FAQ
What is the ChartMill technical rating of ECONOCOM GROUP (ECONB.BR) stock?
ChartMill assigns a technical rating of 3 / 10 to ECONB.BR.
What is the current trend direction of ECONOCOM GROUP (ECONB.BR) stock?
The current trend direction for ECONOCOM GROUP (ECONB.BR) is Bearish.
What is the RSI signal for ECONOCOM GROUP (ECONB.BR) stock?
ECONOCOM GROUP (ECONB.BR) has an RSI value of 61.7045. This indicates that the stock is currently neutral.
What is the short term momentum for ECONOCOM GROUP (ECONB.BR) stock?
The short term momentum for ECONOCOM GROUP (ECONB.BR) is neutral.
Can you provide the support and resistance levels for ECONOCOM GROUP?
ECONOCOM GROUP (ECONB.BR) has a resistance level at 1.76. Check the full technical report for our detailed analysis of ECONB.BR support and resistance levels.