FIRST TRUST EIP CARBON IMPAC (ECLN) Stock Technical Analysis
NYSEARCA:ECLN - NYSE Arca - US33738D7057 - ETF - Currency: USD
We assign a technical rating of 9 out of 10 to ECLN. ECLN has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: ECLN has an average volume of 3752 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ECLN is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by ECLN over the past year are nicely spread over this period.
ECLN 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 ECLN has a been trading in the 27.73 - 31.02 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
ECLN 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 31.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.44, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
28.12
31.50
We found 2 important support areas.
- A support zone ranging from 30.01 to 30.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.40 to 29.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.18 to 31.19. 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
CRS88.02
Mansfield1.04
10 Day High30.72
10 Day Low29.42
20 Day High31.02
20 Day Low27.73
52 Week High31.18
52 Week Low25.12
Performance
1 Week3.46%
2 Weeks3.68%
1 Month1.09%
3 Month3.6%
6 Month7.16%
12 Month22.49%
2 Year20.3%
3 Year21.82%
5 Year57.36%
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)0.11
RSI(14)57.26
LBB28.7
UBB31.21
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 |
|---|---|---|---|
| 31.20 | 30.00 | 1.20 (3.85%) | 25.00% |
| An entry @31.20. This is a Buy Stop order right above the resistance zone. | An exit @30.00. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.20 points, which is 3.85%. | For a 0.96% 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.
NYSEARCA:ECLN (4/28/2025, 4:14:32 PM)
30.7174
+0.23 (+0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.76%
1 Week3.46%
2 Weeks3.68%
1 Month1.09%
3 Month3.6%
6 Month7.16%
12 Month22.49%
2 Year20.3%
3 Year21.82%
5 Year57.36%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%1.98%
ATR Inc-62.45%
Range Today0.21
ADR(20)0.53
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.02
Mansfield1.04
10 Day High30.72
10 Day Low29.42
20 Day High31.02
20 Day Low27.73
52 Week High31.18
52 Week Low25.12
CS1 End30.44
CR1 Start31.18
Volume & EV
DER(3)0%
DER(5)-1.25%
Volume4.71K
Volume Incr-46.38%
Vol(5)2.22K
Vol(50)3.75K