ELECTROCORE INC (ECOR)

US28531P2020 - Common Stock

6.04  -0.2 (-3.2%)

Technical Rating and Analysis

1

Overall ECOR gets a technical rating of 1 out of 10. ECOR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, ECOR is a bad performer in the overall market: 75% of all stocks are doing better.
Warning: ECOR has an average volume of 10142 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ECOR has a been trading in the 5.32 - 6.57 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ECOR is an average performer in the Health Care Equipment & Supplies industry, it outperforms 61% of 192 stocks in the same industry.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ECOR Weekly chart
ECOR Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, ECOR does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.64, 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.
Support and Resistance Analysis

5.27

7.07

We found 3 important support areas.

  • A support zone ranging from 5.60 to 5.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @5.50 from a horizontal line in the daily time frame.
  • Support @5.32 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 6.16 to 6.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @6.42 from a trend line in the daily time frame.
  • Resistance @7.00 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.99
Mansfield-0.23
10 Day High6.57
10 Day Low5.43
20 Day High6.57
20 Day Low5.32
52 Week High8.08
52 Week Low3.83
Performance
1 Week8.24%
2 Weeks8.14%
1 Month-5.03%
3 Month-18.38%
6 Month-2.27%
12 Month4.86%
2 Year-10.02%
3 Year-76.03%
5 Year-76.45%
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)0.08
RSI(14)52.37
LBB5.34
UBB6.09
ECOR Daily chart

ELECTROCORE INC

NASDAQ:ECOR (5/1/2024, 7:00:01 PM)

6.04

-0.2 (-3.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-3.2%
1 Week8.24%
2 Weeks8.14%
1 Month-5.03%
3 Month-18.38%
6 Month-2.27%
12 Month4.86%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.42
ATR(20)%6.87%
ATR Inc
Range Today0.53
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.57
10 Day Low5.43
20 Day High6.57
20 Day Low5.32
52 Week High8.08
52 Week Low3.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume10.00K
Volume Incr-2.2%
Vol(5)10.02K
Vol(50)10.14K