ENDOCYTE INC (ECYT) Technical Analysis
NASDAQ:ECYT • US29269A1025
Current stock price
ECYT Technical Rating and Analysis
Overall ECYT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ECYT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 ECYT is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by ECYT over the past year are nicely spread over this period.
- ECYT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- ECYT has an average volume of 3390580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ECYT has a been trading in a tight range between 23.39 and 24.00.
ECYT Weekly and Daily overview Charts
ECYT Setup Rating and Analysis
ECYT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 24.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.90, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
ECYT Support and Resistance Analysis
15.71
We found 3 important support areas.
- A support zone ranging from 23.42 to 23.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.80 from a trend line in the weekly time frame.
- Support @15.87 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.00 to 24.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
ECYT 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 ECYT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECYT is up. |
| ChartMill Relative Strength | 99.72 | POSITIVE | ECYT has a high relative strength, it outperformed 99.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ECYT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECYT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECYT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.03 | OVERBOUGHT | The high RSI value suggests ECYT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ECYT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 98.28 | OVERBOUGHT | The high Stochastics value suggests ECYT may be overbought. |
| Average True Range in percent/ATR (20) | 0.41 | LOW VOLATILITY | The low ATR as a percentage value for ECYT suggests low volalility. |
ECYT Chart- and CandleStick Pattern Analysis
ECYT 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 |
|---|---|---|---|
| 24.02 | 23.79 | 0.23 (0.96%) | 25.00% |
| An entry @24.02. This is a Buy Stop order right above the resistance zone. | An exit @23.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.23 points, which is 0.96%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.24%. |
- 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.
ECYT Technicals: Chart, Performance Metrics, Trend & Indicators
23.99
-0.01 (-0.04%)
ENDOCYTE INC / ECYT TA FAQ
What is the technical rating for ECYT stock?
ChartMill assigns a technical rating of 10 / 10 to ECYT.
What is the trend direction for ECYT stock?
The current trend direction for ENDOCYTE INC (ECYT) is Bullish.
What is the RSI signal for ECYT stock?
ENDOCYTE INC (ECYT) has an RSI value of 71.0285. This indicates that the stock is currently overbought.
What is the short term momentum for ENDOCYTE INC (ECYT) stock?
The short term momentum for ENDOCYTE INC (ECYT) is positive.
What are the support and resistance levels for ENDOCYTE INC (ECYT) stock?
ENDOCYTE INC (ECYT) has a support level at 23.9 and a resistance level at 24. Check the full technical report for our detailed analysis of ECYT support and resistance levels.