ECN CAPITAL CORP (ECN.CA) Stock Technical Analysis
TSX:ECN - Toronto Stock Exchange - CA26829L1076 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to ECN. In the last year, ECN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
ECN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ECN is part of the Financial Services industry. There are 32 other stocks in this industry. ECN outperforms 80% of them.
ECN is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ECN slightly outperforms the market at the moment.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that ECN is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ECN has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.63
3.51
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.99 to 3.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.66 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.43 to 3.48. 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
CRS79.37
Mansfield2.66
10 Day High3.41
10 Day Low2.73
20 Day High3.5
20 Day Low2.73
52 Week High3.52
52 Week Low1.6
Performance
1 Week1.67%
2 Weeks-8.96%
1 Month-12.1%
3 Month10.91%
6 Month48.78%
12 Month21.51%
2 Year8.93%
3 Year-54.27%
5 Year-18.88%
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)-0.04
RSI(14)39.54
LBB2.88
UBB3.58
TSX:ECN (3/7/2025, 7:00:00 PM)
3.05
+0.05 (+1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.67%
1 Week1.67%
2 Weeks-8.96%
1 Month-12.1%
3 Month10.91%
6 Month48.78%
12 Month21.51%
2 Year8.93%
3 Year-54.27%
5 Year-18.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%4.26%
ATR Inc-48.02%
Range Today0.07
ADR(20)0.11
ADR(20)%3.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.37
Mansfield2.66
10 Day High3.41
10 Day Low2.73
20 Day High3.5
20 Day Low2.73
52 Week High3.52
52 Week Low1.6
CS1 End3.02
CR1 Start3.43
Volume & EV
DER(3)1.54%
DER(5)-0.18%
Volume41.45K
Volume Incr31.59%
Vol(5)213.89K
Vol(50)152.10K