Taking everything into account, ECX scores 0 out of 10 in our technical rating. ECX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ECX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.57, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ECX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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1.51
When analyzing the support we notice one important area.
- A support zone ranging from 1.53 to 1.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @1.70 from a horizontal line in the daily time frame.
- Resistance @1.81 from a horizontal line in the daily time frame.
- Resistance @2.42 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.58 to 2.61. 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 | DOWN | NEGATIVE | The long term trend for ECX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ECX is down. |
| ChartMill Relative Strength | 14.8 | NEGATIVE | ECX has a low relative strength, it was outperformed by 85.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ECX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ECX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ECX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.9 | NEUTRAL | The RSI value for ECX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ECX has a positive trend. |
| Stochastics (14,3) | 49.37 | NEUTRAL | The Stochastics value for ECX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.54 | HIGH VOLATILITY | The high ATR as a percentage value for ECX suggests high volalility. |
| Average Directional Index/ADX (14) | 10.75 | NEGATIVE | The low ADX value for ECX suggests a weak or negative trend. |
1.64
-0.08 (-4.65%)
ECARX HOLDINGS INC-CL A / ECX FAQ
What is the ChartMill technical rating of ECARX HOLDINGS INC-CL A (ECX) stock?
ChartMill assigns a technical rating of 0 / 10 to ECX.
What is the trend direction for ECX stock?
The current trend direction for ECARX HOLDINGS INC-CL A (ECX) is Bearish.
Can you provide the RSI signal for ECARX HOLDINGS INC-CL A?
ECARX HOLDINGS INC-CL A (ECX) has an RSI value of 43.8967. This indicates that the stock is currently neutral.
What is the MACD signal for ECX stock?
The MACD indicator for ECARX HOLDINGS INC-CL A (ECX) has a value of 0.00836818, indicating a bearish trend.
What is the support and resistance level for ECX stock?
ECARX HOLDINGS INC-CL A (ECX) has a support level at 1.57 and a resistance level at 1.7. Check the full technical report for our detailed analysis of ECX support and resistance levels.