Taking everything into account, ECM scores 7 out of 10 in our technical rating. In the past year, ECM was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: ECM has an average volume of 29731 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ECM is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 86% of 24 stocks in the same industry.
In the last month ECM has a been trading in the 0.14 - 0.18 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ECM did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ECM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.