ECONOCOM GROUP (ECONB.BR) Stock Technical Analysis
EBR:ECONB • BE0974313455
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.
- When comparing the yearly performance of all stocks, ECONB is a bad performer in the overall market: 85% of all stocks are doing better.
- ECONB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- ECONB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- ECONB is part of the IT Services industry. There are 71 other stocks in this industry, ECONB did better than 50% of them.
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
1.51
We found 1 important support area.
- A support zone ranging from 1.53 to 1.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 1.65 to 1.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.72 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.75 to 1.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.82 from a trend line in the daily time frame.
- Resistance @1.88 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 | NEUTRAL | NEUTRAL | The long term trend for ECONB.BR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ECONB.BR is down. |
| ChartMill Relative Strength | 15.48 | NEGATIVE | ECONB.BR has a low relative strength, it was outperformed by 84.52% 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) | 31.44 | NEUTRAL | The RSI value for ECONB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ECONB.BR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.31 | OVERSOLD | The low Stochastics value suggests ECONB.BR may be oversold. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for ECONB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.45 | POSITIVE | The high ADX value value for ECONB.BR suggests a strong trend. |
EBR:ECONB (2/19/2026, 2:49:11 PM)
1.58
+0.04 (+2.6%)
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.
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 31.4402. 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 negative.
Can you provide the support and resistance levels for ECONOCOM GROUP?
ECONOCOM GROUP (ECONB.BR) has a support level at 1.53 and a resistance level at 1.54. Check the full technical report for our detailed analysis of ECONB.BR support and resistance levels.