Echo Global Logistics Inc (ECHO) Stock Technical Analysis
NASDAQ:ECHO - Nasdaq -
Taking everything into account, ECHO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ECHO 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 ECHO is one of the better performing stocks in the market, outperforming 95% of all stocks.
ECHO is part of the Air Freight & Logistics industry. There are 22 other stocks in this industry. ECHO outperforms 100% of them.
ECHO is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month ECHO has a been trading in a tight range between 48.08 and 48.27.
Considerably lower volume is observed in the last couple of days.
ECHO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 48.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.20, a Stop Loss order could be placed below this zone.
More info and screens
26.86
48.73
5 important support areas can be observed.
- A support zone ranging from 47.63 to 48.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.15 from a trend line in the daily time frame.
- Support @31.96 from a trend line in the weekly time frame.
- Support @29.60 from a trend line in the weekly time frame.
- Support @27.13 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 48.25 to 48.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.59
Mansfield2.52
10 Day High48.26
10 Day Low48.11
20 Day High48.27
20 Day Low48.08
52 Week High48.36
52 Week Low25.99
Performance
1 Week0.12%
2 Weeks0.19%
1 Month0.31%
3 Month48.16%
6 Month41.22%
12 Month63.64%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.13
RSI(14)73.41
LBB48.11
UBB48.26
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 |
|---|---|---|---|
| 48.26 | 48.10 | 0.16 (0.33%) | 25.00% |
| An entry @48.26. This is a Buy Stop order right above the resistance zone. | An exit @48.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.16 points, which is 0.33%. | For a 0.08% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
48.24
+0.02 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg0.04%
1 Week0.12%
2 Weeks0.19%
1 Month0.31%
3 Month48.16%
6 Month41.22%
12 Month63.64%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%0.16%
ATR Inc-44.28%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.59
Mansfield2.52
10 Day High48.26
10 Day Low48.11
20 Day High48.27
20 Day Low48.08
52 Week High48.36
52 Week Low25.99
CS1 End48.2
CR1 Start48.25
Volume & EV
DER(3)-4.77%
DER(5)-2.37%
Volume589.60K
Volume Incr-17.12%
Vol(5)367.52K
Vol(50)643.30K