ECARX HOLDINGS INC-CL A (ECX) Stock Technical Analysis
NASDAQ:ECX - Nasdaq - KYG292011031 - Common Stock - Currency: USD
Taking everything into account, ECX scores 2 out of 10 in our technical rating. ECX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
ECX has an average volume of 6500300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ECX turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
ECX is an average performer in the Automobile Components industry, it outperforms 70% of 81 stocks in the same industry.
ECX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ECX is lagging the market slightly.
In the last month ECX has a been trading in the 1.11 - 1.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ECX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.51, a Stop Loss order could be placed below this zone.
More info and screens
1.47
2.77
When analyzing the support we notice one important area.
- A support zone ranging from 1.48 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.61 to 1.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.53 from a trend line in the weekly time frame.
- Resistance @2.74 from a trend 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 | DOWN | NEGATIVE | The long term trend for ECX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ECX is neutral. |
| ChartMill Relative Strength | 68.87 | NEUTRAL | ECX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECX is above the rising 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) | 50.9 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 44.32 | NEUTRAL | The Stochastics value for ECX is a neutral value. |
| Average True Range in percent/ATR (20) | 11.07 | HIGH VOLATILITY | The high ATR as a percentage value for ECX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.13 | NEGATIVE | The low ADX value for ECX suggests a weak or negative 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)
1.52
-0.07 (-4.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-4.4%
1 Week-4.4%
2 Weeks-5%
1 Month35.71%
3 Month-25.49%
6 Month-5.59%
12 Month32.17%
2 Year-79.29%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%11.07%
ATR Inc-48.47%
Range Today0.08
ADR(20)0.16
ADR(20)%10.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.87
Mansfield-1.45
10 Day High1.85
10 Day Low1.42
20 Day High1.85
20 Day Low1.11
52 Week High3.25
52 Week Low0.76
CS1 End1.51
CR1 Start1.61
Volume & EV
DER(3)-0.86%
DER(5)-3.97%
Volume1.53M
Volume Incr-28.88%
Vol(5)2.90M
Vol(50)6.50M