WT COPPER - EUR DAILY HEDGED (ECOP.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ECOP - JE00B4PDKD43 - ETF
Overall ECOP gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ECOP has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ECOP did better than 70% of all other stocks.
- ECOP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ECOP is lagging the market slightly.
- ECOP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ECOP has an excellent technical rating, but the quality of the setup is 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
7.55
4 important support areas can be observed.
- A support zone ranging from 9.15 to 9.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.51 to 8.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.96 to 8.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.63 to 7.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 9.49 to 9.69. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for ECOP.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECOP.MI is up. |
| ChartMill Relative Strength | 70.77 | POSITIVE | ECOP.MI has a high relative strength, it outperformed 70.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECOP.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECOP.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECOP.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.87 | NEUTRAL | The RSI value for ECOP.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ECOP.MI has a negative trend. |
| Stochastics (14,3) | 76.39 | NEUTRAL | The Stochastics value for ECOP.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for ECOP.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 33.96 | POSITIVE | The high ADX value value for ECOP.MI suggests a strong trend. |
BIT:ECOP (1/16/2026, 7:00:00 PM)
9.279
-0.28 (-2.91%)
WT COPPER - EUR DAILY HEDGED / ECOP.MI FAQ
Can you provide the ChartMill technical rating for WT COPPER - EUR DAILY HEDGED?
ChartMill assigns a technical rating of 9 / 10 to ECOP.MI.
What is the current trend direction of WT COPPER - EUR DAILY HEDGED (ECOP.MI) stock?
The current trend direction for WT COPPER - EUR DAILY HEDGED (ECOP.MI) is Bullish.
What is the RSI signal for ECOP stock?
WT COPPER - EUR DAILY HEDGED (ECOP.MI) has an RSI value of 55.8666. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WT COPPER - EUR DAILY HEDGED?
The MACD indicator for WT COPPER - EUR DAILY HEDGED (ECOP.MI) has a value of -0.00344551, indicating a bearish trend.
What is the buy/sell signal for WT COPPER - EUR DAILY HEDGED (ECOP.MI) stock?
The buy/sell signal for WT COPPER - EUR DAILY HEDGED (ECOP.MI) is buy as both the short term and long term trends are positive.