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. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ECVT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ECVT is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, ECVT also shows a nice and consistent pattern of rising prices.
- ECVT is part of the Chemicals industry. There are 83 other stocks in this industry. ECVT outperforms 87% of them.
- ECVT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ECVT is leading the market.
- In the last month ECVT has a been trading in the 10.78 - 13.27 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- ECVT has an average volume of 1887760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ECVT Weekly and Daily overview Charts
ECVT Setup Rating and Analysis
Although ECVT has an excellent technical rating, it 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.
More info and screens
ECVT Support and Resistance Analysis
10.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.64 to 11.78. 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 11.02 to 11.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 94.97 | POSITIVE | ECVT has a high relative strength, it outperformed 94.97% 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) | 68.53 | NEUTRAL | The RSI value for ECVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ECVT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.04 | OVERBOUGHT | The high Stochastics value suggests ECVT may be overbought. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for ECVT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.87 | NEUTRAL | The ADX value for ECVT suggests a possible start of a new trend. |
ECVT Chart- and CandleStick Pattern Analysis
ECVT Technicals: Chart, Performance Metrics, Trend & Indicators
12.84
-0.16 (-1.23%)
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 68.5348. 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 0.132821, indicating a bearish trend.
What is the short term momentum for ECVT stock?
The short term momentum for ECOVYST INC (ECVT) is positive.