WT WTI CRUDE - EUR DLY HDG (ECRD.MI) Stock Technical Analysis
Europe - BIT:ECRD - JE00B44F1611 - ETF
Overall ECRD gets a technical rating of 1 out of 10. ECRD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of ECRD is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.08
We found 5 important support areas.
- Support @2.40 from a trend line in the weekly time frame.
- Support @2.31 from a trend line in the weekly time frame.
- A support zone ranging from 2.21 to 2.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.15 to 2.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.10 from a horizontal line in the daily time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 2.52 to 2.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.59 from a trend line in the daily time frame.
- A resistance zone ranging from 2.69 to 2.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.80 from a trend line in the daily time frame.
- A resistance zone ranging from 2.88 to 2.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.95 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 ECRD.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ECRD.MI is down. |
| ChartMill Relative Strength | 53.03 | NEUTRAL | ECRD.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECRD.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ECRD.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ECRD.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.55 | NEUTRAL | The RSI value for ECRD.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ECRD.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.88 | NEUTRAL | The Stochastics value for ECRD.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for ECRD.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.64 | NEGATIVE | The low ADX value for ECRD.MI suggests a weak or negative trend. |
BIT:ECRD (10/23/2025, 7:00:00 PM)
2.505
+0.12 (+4.97%)
WT WTI CRUDE - EUR DLY HDG / ECRD.MI FAQ
Can you provide the ChartMill technical rating for WT WTI CRUDE - EUR DLY HDG?
ChartMill assigns a technical rating of 1 / 10 to ECRD.MI.
Can you provide the trend direction for WT WTI CRUDE - EUR DLY HDG?
The current trend direction for WT WTI CRUDE - EUR DLY HDG (ECRD.MI) is Bearish.
What is the RSI signal for ECRD stock?
WT WTI CRUDE - EUR DLY HDG (ECRD.MI) has an RSI value of 49.5528. This indicates that the stock is currently neutral.
What is the short term momentum for ECRD stock?
The short term momentum for WT WTI CRUDE - EUR DLY HDG (ECRD.MI) is negative.
What is the support and resistance level for ECRD stock?
WT WTI CRUDE - EUR DLY HDG (ECRD.MI) has a support level at 2.4 and a resistance level at 2.52. Check the full technical report for our detailed analysis of ECRD.MI support and resistance levels.