ECONOCOM GROUP (ECONB.BR) Stock Technical Analysis
EBR:ECONB - BE0974313455 - Common Stock
1.746 EUR
-0.01 (-0.57%)
Overall ECONB gets a technical rating of 0 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
91% of all other stocks performed better in the past year than ECONB.
In the last month ECONB has a been trading in the 1.75 - 1.88 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ECONB has an average volume of 22087 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ECONB is part of the IT Services industry. There are 71 other stocks in this industry, ECONB did better than 41% 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.
Considerably lower volume is observed in the last couple of days.
The technical rating of ECONB is bad and it also does not present a quality setup 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
1.70
2.06
We found 1 important support area.
- Support @1.72 from a horizontal line in the weekly time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 1.77 to 1.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.84 to 1.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.89 from a trend line in the weekly time frame.
- Resistance @1.93 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.97 to 1.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 2.01 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 | 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 | 9.55 | NEGATIVE | ECONB.BR has a low relative strength, it was outperformed by 90.45% 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) | 36.71 | 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) | 15.04 | OVERSOLD | The low Stochastics value suggests ECONB.BR may be oversold. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for ECONB.BR suggests low volalility. |
| Average Directional Index/ADX (14) | 23.25 | NEUTRAL | The ADX value for ECONB.BR suggests a possible start of a new 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 (9/9/2025, 5:03:53 PM)
1.746
-0.01 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.57%
1 Week-2.12%
2 Weeks-2.55%
1 Month-2.98%
3 Month-12.11%
6 Month-2.98%
12 Month-13.92%
2 Year-29.62%
3 Year-31.14%
5 Year-31.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%1.68%
ATR Inc-12%
Range Today0.01
ADR(20)0.03
ADR(20)%1.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.55
Mansfield-1.51
10 Day High1.8
10 Day Low1.75
20 Day High1.88
20 Day Low1.75
52 Week High2.1
52 Week Low1.55
CS1 End1.72
CR1 Start1.77
Volume & EV
DER(3)-0.53%
DER(5)-0.27%
Volume267
Volume Incr-54.08%
Vol(5)9.30K
Vol(50)22.09K