ELECTROCORE INC (ECOR) Stock Technical Analysis
NASDAQ:ECOR - Nasdaq - US28531P2020 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to ECOR. Although ECOR has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
ECOR 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.
ECOR is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. ECOR outperforms 90% of them.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, ECOR did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month ECOR has a been trading in the 6.17 - 8.64 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.
ECOR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.80, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ECOR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.68
8.07
We found 2 important support areas.
- A support zone ranging from 6.76 to 6.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.74 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @7.76 from a horizontal line in the weekly time frame.
- Resistance @7.99 from a horizontal line 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 is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECOR is up. |
| ChartMill Relative Strength | 90.41 | POSITIVE | ECOR has a high relative strength, it outperformed 90.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECOR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECOR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ECOR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.12 | NEUTRAL | The RSI value for ECOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ECOR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.41 | NEUTRAL | The Stochastics value for ECOR is a neutral value. |
| Average True Range in percent/ATR (20) | 9.63 | HIGH VOLATILITY | The high ATR as a percentage value for ECOR suggests high volalility. |
| Average Directional Index/ADX (14) | 28.19 | POSITIVE | The high ADX value value for ECOR 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 |
|---|---|---|---|
| 7.77 | 6.75 | 1.02 (13.13%) | 7.62% |
| An entry @7.77. This is a Buy Stop order right above the resistance zone. | An exit @6.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.02 points, which is 13.13%. | When investing 7.62% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
NASDAQ:ECOR (8/4/2025, 8:00:01 PM)
7.25
+0.48 (+7.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg7.09%
1 Week0.83%
2 Weeks2.11%
1 Month19.05%
3 Month55.91%
6 Month-56.3%
12 Month28.32%
2 Year29.46%
3 Year-8.75%
5 Year-72.69%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%9.63%
ATR Inc-11.13%
Range Today0.55
ADR(20)0.67
ADR(20)%9.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.41
Mansfield-2.94
10 Day High7.77
10 Day Low6.57
20 Day High8.64
20 Day Low6.17
52 Week High19.49
52 Week Low4.47
CS1 End6.8
CR1 Start7.76
Volume & EV
DER(3)12.92%
DER(5)10.08%
Volume62.40K
Volume Incr-61.23%
Vol(5)47.22K
Vol(50)93.06K