WT COPPER - EUR DAILY HEDGED (ECOP.MI) Stock Technical Analysis
BIT:ECOP - JE00B4PDKD43 - ETF
7.363 EUR
-0.01 (-0.18%)
Overall ECOP gets a technical rating of 0 out of 10. ECOP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ECOP is a bad performer in the overall market: 79% of all stocks are doing better.
ECOP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ECOP 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.
Considerably lower volume is observed in the last couple of days.
ECOP 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 7.33, a Stop Loss order could be placed below this zone.
More info and screens
7.02
8.63
We found 2 important support areas.
- A support zone ranging from 7.22 to 7.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.09 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.37 to 7.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.54 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 ECOP.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ECOP.MI is down. |
| ChartMill Relative Strength | 21.95 | NEGATIVE | ECOP.MI has a low relative strength, it was outperformed by 78.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECOP.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ECOP.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ECOP.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.53 | NEUTRAL | The RSI value for ECOP.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ECOP.MI has a positive trend. |
| Stochastics (14,3) | 53.58 | NEUTRAL | The Stochastics value for ECOP.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for ECOP.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.73 | POSITIVE | The high ADX value value for ECOP.MI suggests a strong 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)
BIT:ECOP (9/9/2025, 7:00:00 PM)
7.363
-0.01 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.18%
1 Week-0.47%
2 Weeks0.34%
1 Month-19.99%
3 Month-7.44%
6 Month1.83%
12 Month-5.93%
2 Year17.21%
3 Year21.86%
5 Year30.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%2.44%
ATR Inc-60.32%
Range Today0.03
ADR(20)0.07
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.95
Mansfield-1.34
10 Day High7.52
10 Day Low7.28
20 Day High9.25
20 Day Low7.1
52 Week High9.71
52 Week Low6.76
CS1 End7.33
CR1 Start7.37
Volume & EV
DER(3)0%
DER(5)0%
Volume3.90K
Volume Incr-63.27%
Vol(5)25.01K
Vol(50)42.94K