WT COPPER - EUR DAILY HEDGED (ECOP.MI) Stock Technical Analysis
BIT:ECOP - Euronext Milan - JE00B4PDKD43 - ETF - Currency: EUR
We assign a technical rating of 4 out of 10 to ECOP. ECOP has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Warning: ECOP has an average volume of 19313 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that ECOP is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ECOP is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ECOP has a been trading in the 7.09 - 8.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ECOP has an average technical rating and it also does not offer a high 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
6.71
8.87
When analyzing the support we can see 2 important areas.
- Support @7.15 from a trend line in the daily time frame.
- A support zone ranging from 6.78 to 6.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.54 to 8.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.78 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.81
Mansfield0.13
10 Day High8.56
10 Day Low7.09
20 Day High8.9
20 Day Low7.09
52 Week High8.9
52 Week Low6.31
Performance
1 Week9.57%
2 Weeks-7.97%
1 Month-0.31%
3 Month9.85%
6 Month13.28%
12 Month18.35%
2 Year23.25%
3 Year0.41%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.1
RSI(14)47.96
LBB6.99
UBB9.05
BIT:ECOP (5/5/2025, 7:00:00 PM)
7.772
+0.08 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.04%
1 Week9.57%
2 Weeks-7.97%
1 Month-0.31%
3 Month9.85%
6 Month13.28%
12 Month18.35%
2 Year23.25%
3 Year0.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%3.28%
ATR Inc-25.26%
Range Today0.16
ADR(20)0.16
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.81
Mansfield0.13
10 Day High8.56
10 Day Low7.09
20 Day High8.9
20 Day Low7.09
52 Week High8.9
52 Week Low6.31
CS1 End7.15
CR1 Start8.54
Volume & EV
DER(3)0%
DER(5)0%
Volume5.29K
Volume Incr-71.44%
Vol(5)8.93K
Vol(50)19.31K