ECOVYST INC (ECVT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ECVT - US27923Q1094 - Common Stock
Overall ECVT gets a technical rating of 5 out of 10. In the last year, ECVT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
ECVT has an average technical rating and it also does not offer a high 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.
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8.01
When analyzing the support we can see 3 important areas.
- Support @8.84 from a horizontal line in the daily time frame.
- A support zone ranging from 8.41 to 8.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.09 to 8.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @8.97 from a trend line in the weekly time frame.
- A resistance zone ranging from 9.26 to 9.38. 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 ECVT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECVT is neutral. |
| ChartMill Relative Strength | 65.2 | NEUTRAL | ECVT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECVT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ECVT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECVT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.15 | NEUTRAL | The RSI value for ECVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ECVT has a positive trend. |
| Stochastics (14,3) | 74.79 | NEUTRAL | The Stochastics value for ECVT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for ECVT suggests some volalility. |
| Average Directional Index/ADX (14) | 12.46 | NEGATIVE | The low ADX value for ECVT suggests a weak or negative trend. |
8.91
+0.35 (+4.09%)
ECOVYST INC / ECVT FAQ
Can you provide the ChartMill technical rating for ECOVYST INC?
ChartMill assigns a technical rating of 5 / 10 to ECVT.
What is the current trend direction of ECOVYST INC (ECVT) stock?
The current trend direction for ECOVYST INC (ECVT) is Bullish.
What is the RSI signal for ECOVYST INC (ECVT) stock?
ECOVYST INC (ECVT) has an RSI value of 61.1485. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ECOVYST INC?
ECOVYST INC (ECVT) has a support level at 8.84 and a resistance level at 8.97. Check the full technical report for our detailed analysis of ECVT support and resistance levels.