ECOVYST INC (ECVT) Technical Analysis
NYSE:ECVT • US27923Q1094
Current stock price
ECVT Technical Rating and Analysis
Taking everything into account, ECVT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ECVT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, ECVT did better than 93% of all other stocks. We also observe that the gains produced by ECVT over the past year are nicely spread over this period.
- ECVT is part of the Chemicals industry. There are 83 other stocks in this industry. ECVT outperforms 92% of them.
- ECVT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ECVT is performing more or less in line with the market.
- In the last month ECVT has a been trading in the 10.78 - 12.38 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- ECVT has an average volume of 1736710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
ECVT Weekly and Daily overview Charts
ECVT Setup Rating and Analysis
ECVT has an excellent technical rating and also presents 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 11.56, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ECVT in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
ECVT Support and Resistance Analysis
8.01
We found 3 important support areas.
- A support zone ranging from 11.44 to 11.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.89 to 11.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.09 from a trend line in the daily time frame.
ECVT Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for ECVT is up. |
| ChartMill Relative Strength | 93.75 | POSITIVE | ECVT has a high relative strength, it outperformed 93.75% off all stocks 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) | UP | POSITIVE | The current price of ECVT is above the rising 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) | 55 | NEUTRAL | The RSI value for ECVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ECVT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.83 | NEUTRAL | The Stochastics value for ECVT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for ECVT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.67 | NEGATIVE | The low ADX value for ECVT suggests a weak or negative trend. |
ECVT Chart- and CandleStick Pattern Analysis
ECVT Example Setup
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 |
|---|---|---|---|
| 12.39 | 11.43 | 0.96 (7.75%) | 12.91% |
| An entry @12.39. This is a Buy Stop order right above the 10 day high. | An exit @11.43. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.96 points, which is 7.75%. | For a 1.00% total portfolio risk, you can invest 12.91% of your capital in this trade. |
- 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.
ECVT Technicals: Chart, Performance Metrics, Trend & Indicators
11.65
-0.11 (-0.94%)
ECOVYST INC / ECVT TA FAQ
What is the ChartMill technical rating of ECOVYST INC (ECVT) stock?
ChartMill assigns a technical rating of 10 / 10 to ECVT.
Can you provide the trend direction for ECOVYST INC?
The current trend direction for ECOVYST INC (ECVT) is Bullish.
What is the RSI signal for ECVT stock?
ECOVYST INC (ECVT) has an RSI value of 55.0046. This indicates that the stock is currently neutral.
What is the MACD signal for ECOVYST INC (ECVT) stock?
The MACD indicator for ECOVYST INC (ECVT) has a value of 0.0216341, indicating a bearish trend.
What is the short term momentum for ECVT stock?
The short term momentum for ECOVYST INC (ECVT) is positive.