EUROCASTLE INVESTMENT LTD (ECT.AS) Stock Technical Analysis
AMS:ECT - Euronext Amsterdam - GB00B94QM994 - Currency: EUR
We assign a technical rating of 6 out of 10 to ECT. ECT has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
ECT is one of the lesser performing stocks in the Real Estate Management & Development industry. 277% of 10 stocks in the same industry do better.
In the last month ECT has a been trading in the 8.20 - 10.00 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ECT has an average volume of 569 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that ECT is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ECT 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 ECT is lagging the market slightly.
ECT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 8.44, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.11
9.61
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.43 to 8.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.19 to 8.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @9.24 from a trend line in the weekly time frame.
- A resistance zone ranging from 9.41 to 9.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ECT.AS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECT.AS is neutral. |
| ChartMill Relative Strength | 70.54 | POSITIVE | ECT.AS has a high relative strength, it outperformed 70.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECT.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ECT.AS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECT.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.38 | NEUTRAL | The RSI value for ECT.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ECT.AS has a negative trend. |
| Stochastics (14,3) | 27.78 | NEUTRAL | The Stochastics value for ECT.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.07 | HIGH VOLATILITY | The high ATR as a percentage value for ECT.AS suggests high volalility. |
| Average Directional Index/ADX (14) | 16.12 | NEGATIVE | The low ADX value for ECT.AS 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)
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 |
|---|---|---|---|
| 9.25 | 8.42 | 0.83 (8.97%) | 11.14% |
| An entry @9.25. This is a Buy Stop order right above the resistance zone. | An exit @8.42. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.83 points, which is 8.97%. | For a 1.00% total portfolio risk, you can invest 11.14% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ECT. Please evaluate whether better entry and exit points can be found.
- 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.
AMS:ECT (6/18/2025, 7:00:00 PM)
8.45
-0.8 (-8.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-8.65%
1 Week-1.74%
2 Weeks-11.06%
1 Month-0.59%
3 Month-1.17%
6 Month36.29%
12 Month12.67%
2 Year16.55%
3 Year5.63%
5 Year75.68%
10 Year2.92%
15 Year3573.91%
Volatility
ATR(14)0.61
ATR(20)%6.07%
ATR Inc49.98%
Range Today0
ADR(20)0.1
ADR(20)%1.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.54
Mansfield0.19
10 Day High10
10 Day Low8.35
20 Day High10
20 Day Low8.2
52 Week High10
52 Week Low5
CS1 End8.44
CR1 Start9.24
Volume & EV
DER(3)0%
DER(5)0%
Volume45
Volume Incr-46.32%
Vol(5)423
Vol(50)569.36