ECONOCOM GROUP (ECONB.BR) Stock Technical Analysis
Europe - EBR:ECONB - BE0974313455 - Common Stock
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.
ECONB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.65, a Stop Loss order could be placed below this zone.
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1.61
When analyzing the support we notice one important area.
- A support zone ranging from 1.63 to 1.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.68 to 1.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.79 from a horizontal line in the daily time frame.
- Resistance @1.83 from a trend line in the weekly time frame.
- Resistance @1.97 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for ECONB.BR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECONB.BR is neutral. |
| ChartMill Relative Strength | 9.62 | NEGATIVE | ECONB.BR has a low relative strength, it was outperformed by 90.38% 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) | 44.43 | NEUTRAL | The RSI value for ECONB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ECONB.BR has a negative trend. |
| Stochastics (14,3) | 20.68 | NEUTRAL | The Stochastics value for ECONB.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for ECONB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.07 | NEGATIVE | The low ADX value for ECONB.BR suggests a weak or negative trend. |
EBR:ECONB (11/13/2025, 3:55:00 PM)
1.656
-0.01 (-0.36%)
ECONOCOM GROUP / ECONB.BR FAQ
What is the ChartMill technical rating of ECONOCOM GROUP (ECONB.BR) stock?
ChartMill assigns a technical rating of 0 / 10 to ECONB.BR.
Can you provide the trend direction for ECONOCOM GROUP?
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 44.4285. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ECONOCOM GROUP?
The MACD indicator for ECONOCOM GROUP (ECONB.BR) has a value of -0.00290114, indicating a bearish trend.
What is the support and resistance level for ECONB stock?
ECONOCOM GROUP (ECONB.BR) has a support level at 1.65 and a resistance level at 1.68. Check the full technical report for our detailed analysis of ECONB.BR support and resistance levels.