ECORA RESOURCES PLC (ECOR.CA) Stock Technical Analysis
TSX:ECOR - Toronto Stock Exchange - GB0006449366 - Common Stock - Currency: CAD
Taking everything into account, ECOR scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ECOR was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ECOR is a bad performer in the overall market: 79% of all stocks are doing better.
ECOR is part of the Metals & Mining industry. There are 801 other stocks in this industry, of which 60% are performing better than ECOR.
In the last month ECOR has a been trading in the 0.97 - 1.13 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
ECOR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ECOR is lagging the market slightly.
The technical rating of ECOR is bad and it also does not present a 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
0.98
1.27
We found 4 important support areas.
- Support @1.11 from a trend line in the weekly time frame.
- A support zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.99 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @1.16 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.19 to 1.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.21 from a trend line in the daily time frame.
- A resistance zone ranging from 1.25 to 1.26. 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 | DOWN | NEGATIVE | The long term trend for ECOR.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECOR.CA is up. |
| ChartMill Relative Strength | 21.51 | NEGATIVE | ECOR.CA has a low relative strength, it was outperformed by 78.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECOR.CA is above 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 | NEGATIVE | The current price of ECOR.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.76 | NEUTRAL | The RSI value for ECOR.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ECOR.CA has a positive trend. |
| Stochastics (14,3) | 79.49 | NEUTRAL | The Stochastics value for ECOR.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for ECOR.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.19 | NEGATIVE | The low ADX value for ECOR.CA suggests a weak or negative 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 (5/23/2025, 7:00:00 PM)
1.12
+0.02 (+1.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.82%
1 Week4.67%
2 Weeks6.67%
1 Month9.8%
3 Month-0.88%
6 Month-6.67%
12 Month-25.33%
2 Year-46.67%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%3.08%
ATR Inc-40.43%
Range Today0.02
ADR(20)0.03
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.51
Mansfield-0.74
10 Day High1.13
10 Day Low1.02
20 Day High1.13
20 Day Low0.97
52 Week High1.56
52 Week Low0.91
CS1 End1.11
CR1 Start1.16
Volume & EV
DER(3)-101.23%
DER(5)-100.81%
Volume10.64K
Volume Incr18.19%
Vol(5)26.95K
Vol(50)39.63K