ECOVYST INC (ECVT) Stock Technical Analysis
NYSE:ECVT - New York Stock Exchange, Inc. - US27923Q1094 - Common Stock - Currency: USD
Taking everything into account, ECVT scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ECVT is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
ECVT is part of the Chemicals industry. There are 85 other stocks in this industry. ECVT outperforms 76% of them.
ECVT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ECVT is lagging the market slightly.
In the last month ECVT has a been trading in the 7.38 - 8.89 range, which is quite wide. It is currently trading near the high of this range.
ECVT has an average volume of 1510290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ECVT is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, ECVT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
7.51
8.78
3 important support areas can be observed.
- A support zone ranging from 8.28 to 8.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.72 to 7.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.59 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @8.69 from a horizontal line in the weekly 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 | 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 | 78.08 | POSITIVE | ECVT has a high relative strength, it outperformed 78.08% 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) | 60.36 | 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) | 91.65 | OVERBOUGHT | The high Stochastics value suggests ECVT may be overbought. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for ECVT suggests some volalility. |
| Average Directional Index/ADX (14) | 32.37 | POSITIVE | The high ADX value value for ECVT suggests a strong 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 |
|---|---|---|---|
| 8.70 | 8.27 | 0.43 (4.94%) | 20.23% |
| An entry @8.70. This is a Buy Stop order right above the resistance zone. | An exit @8.27. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.43 points, which is 4.94%. | When investing 20.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ECVT. 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.
8.68
-0.17 (-1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-1.92%
1 Week3.33%
2 Weeks2.72%
1 Month5.34%
3 Month47.62%
6 Month15.73%
12 Month-6.87%
2 Year-29.37%
3 Year-15.15%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%3.72%
ATR Inc-8.54%
Range Today0.26
ADR(20)0.28
ADR(20)%3.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.08
Mansfield0.98
10 Day High8.9
10 Day Low7.39
20 Day High8.9
20 Day Low7.39
52 Week High9.91
52 Week Low5.24
CS1 End8.45
CR1 Start8.69
Volume & EV
DER(3)1.11%
DER(5)1.25%
Volume1.46M
Volume Incr3.67%
Vol(5)1.72M
Vol(50)1.51M