EC Technical Signal Analysis
EC have 1 buy signal and 7 sell signals now. The current trend is consolidation starting from 2025-03-07. The total price change during this trend is -3.02%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of EC over last 5 trading day is $26,169,343.91
1 Bullish Signal
7 Bearish Signal
Name
Signal
Value
Meaning
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.07
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-0.03
Bearish
Momentum (10 days)
MOM_10 < 0
-0.64
Bearish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 0.8
30.94
Bearish
Closing price
close < SMA_5 and close.shift(1) >= prev_SMA_5
9.62
Bearish
Closing price
close < SMA_10 and close.shift(1) >= prev_SMA_10
9.62
Bearish
Closing price
close < SMA_250 and close.shift(1) >= prev_SMA_250
9.62
Bearish
Simple Moving Average (10 days)
SMA_10 < SMA_250 and prev_SMA_10 >= prev_SMA_250
9.67
Bearish
1 Bullish Signal
Name
Signal
Value
Meaning
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.07
Bullish
EC Support and Resistance Level
The support levels for EC are at 9.17, 8.88, and 8.4, while the resistance levels are at 10.12, 10.41, and 10.88. With the current stock price at 9.74, it is leaning more toward the resistance levels.
EC Technical Analysis
Technical Analysis of EC Stock
Price Overview:
- Current Price: 9.93
- High: 10.04
- Low: 9.64
- Volume: 2,439,961
Technical Indicators:
- RSI (6, 12, 14): 55.40, 53.60, 54.14 (mid-range, no extreme conditions)
- Stochastic Oscillator: %K=30.30, %D=18.73 (lower half, not oversold)
- MACD: 0.10 (bullish crossover)
- Bollinger Bands: %B=0.36 (near upper band, potential overbought)
- Fibonacci Levels:
- Pivot Point: 9.75
- Resistance Levels: 10.30, 10.64
- Support Levels: 9.20, 8.86
Moving Averages:
- SMA 20: 10.03
- SMA 50: 9.45
- SMA 200: 9.68
Analysis:
The stock is currently bullish, closing above the pivot point and showing a bullish MACD crossover. However, it's approaching the first resistance level, and the Bollinger Bands suggest potential overbought conditions. The RSI is not in overbought territory, so the upside might still be possible.
Recommendation:
Sell at the current price of 9.93, as the stock is near resistance and may pull back. Consider buying if it dips to the support levels (9.20 or 8.86) or after confirming an uptrend.
EC FAQs
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How reliable is technical analysis?
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Is EC a buy based on overall technical signals summary?
EC Buy or Sell
EC has 1 buy signals and 7 sell signals now. Overall the technical rating for EC is Strong sell.
Strong sell
Sell
7
Buy
1
EC Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 9.74 above the SMA_5. In the short term, the stock shows a positive trend with the 9.65 above the SMA_20. In the mid term, the stock shows a negative trend with the 10.02 below the SMA_60. In the long term, the stock shows a negative trend with the 9 below the SMA_200.
Swing
Positive
Stock Price Above SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about EC's current trend?What are EC's key support and resistance levels?