ECORA RESOURCES PLC (ECOR.CA) Stock Technical Analysis
TSX:ECOR - Toronto Stock Exchange - GB0006449366 - Common Stock - Currency: CAD
Taking everything into account, ECOR scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ECOR is only an average performer.
Warning: ECOR has an average volume of 23719 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month ECOR has a been trading in the 1.16 - 1.31 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, ECOR outperforms 43% of them, which is more or less in line with the market.
ECOR is an average performer in the Metals & Mining industry, it outperforms 45% of 797 stocks in the same industry.
ECOR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ECOR is lagging the market.
ECOR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 1.21, a Stop Loss order could be placed below this zone.
More info and screens
1.17
1.32
2 important support areas can be observed.
- A support zone ranging from 1.21 to 1.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.18 to 1.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- Resistance @1.25 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.31 to 1.31. This zone is formed by a combination of multiple trend lines in the daily 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 | UP | POSITIVE | The long term trend for ECOR.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECOR.CA is neutral. |
| ChartMill Relative Strength | 43.85 | NEUTRAL | ECOR.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ECOR.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECOR.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECOR.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.29 | NEUTRAL | The RSI value for ECOR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ECOR.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.86 | NEUTRAL | The Stochastics value for ECOR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for ECOR.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.77 | POSITIVE | The high ADX value value for ECOR.CA 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.26 | 1.20 | 0.06 (4.76%) | 21.00% |
| An entry @1.26. This is a Buy Stop order right above the resistance zone. | An exit @1.20. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.06 points, which is 4.76%. | For a 1.00% total portfolio risk, you can invest 21.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ECOR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ECOR (7/4/2025, 7:00:00 PM)
1.22
-0.01 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.81%
1 Week-0.81%
2 Weeks-3.94%
1 Month0.83%
3 Month20.79%
6 Month-0.81%
12 Month-6.87%
2 Year-38.38%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%3.77%
ATR Inc-14.86%
Range Today0.05
ADR(20)0.04
ADR(20)%3.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.85
Mansfield-0.37
10 Day High1.28
10 Day Low1.17
20 Day High1.31
20 Day Low1.16
52 Week High1.38
52 Week Low0.91
CS1 End1.21
CR1 Start1.25
Volume & EV
DER(3)0%
DER(5)0%
Volume38.25K
Volume Incr11.83%
Vol(5)31.34K
Vol(50)23.72K