WT COTTON - EUR DAILY HEDGED (ECTN.MI) Stock Technical Analysis
BIT:ECTN - Euronext Milan - JE00B70DCH80 - ETF - Currency: EUR
We assign a technical rating of 3 out of 10 to ECTN. ECTN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, ECTN is a bad performer in the overall market: 100% of all stocks are doing better.
ECTN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long and short term trends are both positive. This is looking good!
The technical rating of ECTN 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
7.70
8.01
We found 1 important support area.
- A support zone ranging from 7.78 to 7.78. 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 ECTN.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECTN.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ECTN.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECTN.MI is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 42.92 | NEUTRAL | The RSI value for ECTN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests ECTN.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.06 | NEUTRAL | The Stochastics value for ECTN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for ECTN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.39 | NEGATIVE | The low ADX value for ECTN.MI 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)
BIT:ECTN (7/11/2025, 7:00:00 PM)
7.934
-0.08 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.94%
1 Week-4%
2 Weeks-10.75%
1 Month-14.87%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%3.11%
ATR Inc-3.98%
Range Today0
ADR(20)0.03
ADR(20)%0.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High8.77
10 Day Low7.78
20 Day High9.33
20 Day Low7.78
52 Week HighN/A
52 Week LowN/A
CS1 End7.78
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume10
Volume Incr-15.72%
Vol(5)659
Vol(50)N/A