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WT COPPER - EUR DAILY HEDGED (ECOP.MI) Stock Technical Analysis

BIT:ECOP - Euronext Milan - JE00B4PDKD43 - ETF - Currency: EUR

7.738  +0.07 (+0.87%)

Technical Rating and Analysis

2

Taking everything into account, ECOP scores 2 out of 10 in our technical rating. ECOP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Warning: ECOP has an average volume of 20183 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that ECOP is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ECOP 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.
In the last month ECOP has a been trading in the 7.09 - 8.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
WT COPPER - EUR DAILY HEDGED / ECOP Weekly stock chart
WT COPPER - EUR DAILY HEDGED / ECOP Daily stock chart
Setup Rating and Analysis

3

The technical rating of ECOP is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

6.71

8.87

We found 1 important support area.

  • A support zone ranging from 6.78 to 6.90. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 8.54 to 8.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @8.78 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.98
Mansfield0.69
10 Day High8.65
10 Day Low7.09
20 Day High8.9
20 Day Low7.09
52 Week High8.9
52 Week Low6.31
Performance
1 Week-4.85%
2 Weeks-10.17%
1 Month-4.11%
3 Month10.96%
6 Month10.01%
12 Month15.91%
2 Year15.42%
3 Year-2.26%
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)47.07
LBB7.07
UBB9.24
WT COPPER - EUR DAILY HEDGED / ECOP Daily stock chart

WT COPPER - EUR DAILY HEDGED

BIT:ECOP (4/15/2025, 7:00:00 PM)

7.738

+0.07 (+0.87%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.87%
1 Week-4.85%
2 Weeks-10.17%
1 Month-4.11%
3 Month10.96%
6 Month10.01%
12 Month15.91%
2 Year15.42%
3 Year-2.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%3.33%
ATR Inc-25.54%
Range Today0.12
ADR(20)0.17
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.98
Mansfield0.69
10 Day High8.65
10 Day Low7.09
20 Day High8.9
20 Day Low7.09
52 Week High8.9
52 Week Low6.31
CS1 End6.9
CR1 Start8.54
Volume & EV
DER(3)0%
DER(5)0%
Volume6.93K
Volume Incr472.8%
Vol(5)82.30K
Vol(50)20.18K