ECONOCOM GROUP (ECONB.BR) Stock Technical Analysis
EBR:ECONB - Euronext Brussels - BE0974313455 - Common Stock - Currency: EUR
We assign a technical rating of 2 out of 10 to ECONB. In the last year, ECONB was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, ECONB is a bad performer in the overall market: 80% of all stocks are doing better.
Warning: ECONB has an average volume of 21494 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ECONB has a been trading in the 1.82 - 1.98 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ECONB is an average performer in the IT Services industry, it outperforms 43% of 68 stocks in the same industry.
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.
Although the technical rating is bad, ECONB does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.70
2.06
We found 2 important support areas.
- Support @1.75 from a horizontal line in the weekly time frame.
- Support @1.72 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.93 to 1.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.00 to 2.04. 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 | 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 | 20.28 | NEGATIVE | ECONB.BR has a low relative strength, it was outperformed by 79.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ECONB.BR is above 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 | MIXED | The current price of ECONB.BR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.63 | NEUTRAL | The RSI value for ECONB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ECONB.BR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.06 | NEUTRAL | The Stochastics value for ECONB.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for ECONB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.96 | NEGATIVE | The low ADX value for ECONB.BR 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)
EBR:ECONB (7/18/2025, 7:00:00 PM)
1.93
+0.01 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.52%
1 Week0.52%
2 Weeks0.52%
1 Month-1.03%
3 Month6.16%
6 Month7.22%
12 Month-10.23%
2 Year-26.48%
3 Year-41.87%
5 Year-17.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%2.03%
ATR Inc1.94%
Range Today0.02
ADR(20)0.04
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.28
Mansfield-0.76
10 Day High1.98
10 Day Low1.9
20 Day High1.98
20 Day Low1.82
52 Week High2.27
52 Week Low1.55
CS1 End1.75
CR1 Start1.93
Volume & EV
DER(3)0.08%
DER(5)-0.42%
Volume10.71K
Volume Incr44.59%
Vol(5)26.07K
Vol(50)21.49K