ECORA RESOURCES PLC (ECOR.CA) Stock Technical Analysis
TSX:ECOR - Toronto Stock Exchange - GB0006449366 - Common Stock - Currency: CAD
We assign a technical rating of 7 out of 10 to ECOR. 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.
In the last month ECOR has a been trading in the 1.15 - 1.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the performance of all stocks over the past year, ECOR turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
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, 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
1.15
1.39
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.22 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @1.18 from a horizontal line in the daily time frame.
- Support @1.16 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @1.24 from a trend line in the daily time frame.
- Resistance @1.38 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 | 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 | 54.62 | 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) | DOWN | MIXED | The current price of ECOR.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.59 | 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. |
| Stochastics (14,3) | 40.95 | NEUTRAL | The Stochastics value for ECOR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.36 | HIGH VOLATILITY | The high ATR as a percentage value for ECOR.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.25 | 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)
TSX:ECOR (8/1/2025, 7:00:00 PM)
1.24
-0.11 (-8.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-8.15%
1 Week-10.14%
2 Weeks-1.59%
1 Month1.64%
3 Month19.23%
6 Month6.9%
12 Month1.64%
2 Year-35.08%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%5.36%
ATR Inc105.88%
Range Today0.05
ADR(20)0.06
ADR(20)%4.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.62
Mansfield-0.11
10 Day High1.5
10 Day Low1.23
20 Day High1.5
20 Day Low1.15
52 Week High1.5
52 Week Low0.91
CS1 End1.23
CR1 Start1.24
Volume & EV
DER(3)-28.5%
DER(5)-24.94%
Volume73.88K
Volume Incr121.7%
Vol(5)111.74K
Vol(50)43.71K