BIT:ECNL - Euronext Milan - IT0005241192 - Common Stock - Currency: EUR
Taking everything into account, ECNL scores 0 out of 10 in our technical rating. ECNL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ECNL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.19, a Stop Loss order could be placed below this zone.
1.14
We found 2 important support areas.
4 important resistance areas can be observed.
BIT:ECNL (4/25/2025, 10:44:03 AM)
1.246
+0.01 (+0.48%)