Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(Ecoreco) Ecoreco complete technical analysis [charts+indicators] | Buy/Sell Ecoreco | (Ecoreco) share price targets

Complete technical analysis of Ecoreco (Ecoreco) by charts plus indicators, forecast predictions and share price targets for Ecoreco (Ecoreco)

Showing technical analysis as on 2022-05-02 View latest technical analysis

10 day averaged volume of Ecoreco is 20917

Date Daily Closing Price Open High Low Volume
02 Mon May 2022 113.80 115.05 118.00 113.00 0.57 times
29 Fri Apr 2022 116.65 121.80 121.80 116.00 0.495 times
28 Thu Apr 2022 119.20 121.65 122.00 118.35 0.436 times
27 Wed Apr 2022 120.00 124.00 124.00 118.75 0.303 times
26 Tue Apr 2022 121.45 126.00 126.00 120.00 0.552 times
25 Mon Apr 2022 122.05 127.90 129.40 121.05 2.026 times
22 Fri Apr 2022 127.95 115.30 129.95 114.50 4.007 times
21 Thu Apr 2022 118.15 115.40 118.60 115.40 0.712 times
20 Wed Apr 2022 114.45 115.50 117.80 114.00 0.469 times
19 Tue Apr 2022 115.55 115.25 118.70 115.25 0.392 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 115, but if it comes above 115, then a intra day buy could be more profitable.
If you take a sell trade below 115, then use 115 as stoploss and 111.3 as target. However if you take a buy trade in stock , then use 115 as stoploss and 118.03 as target.

Share price targets for Ecoreco (Ecoreco)

Target Type Value
Downside Target 105.25
Downside Target 107.50
Downside Target 113.00
Upside Target 120.00
Upside Target 122.00
Upside Target 124.00
Upside Target 129.40
Upside Target 129.95
Upside Target 145.00
Upside Target 156.45

Intraday share price targets for Ecoreco (Ecoreco)

Target Type Value
Downside Intraday Target 111.87
Downside Intraday Target 109.93
Upside Intraday Target 116.87
Upside Intraday Target 119.93
Upside Intraday Target 114.93

Weekly technical analysis of Ecoreco (Ecoreco)

Date Weekly Closing Price Open High Low Volume
02 Mon May 2022 113.80 115.05 118.00 113.00 0.149 times
29 Fri Apr 2022 116.65 127.90 129.40 116.00 0.616 times
22 Fri Apr 2022 127.95 118.95 129.95 114.00 2.735 times
13 Wed Apr 2022 118.30 119.70 122.00 114.00 0.776 times
08 Fri Apr 2022 117.35 115.20 120.00 114.05 0.769 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Ecoreco (Ecoreco)

Date Monthly Closing Price Open High Low Volume
02 Mon May 2022 113.80 115.05 118.00 113.00 0.036 times
29 Fri Apr 2022 116.65 116.30 129.95 114.00 0.743 times
31 Thu Mar 2022 114.25 119.00 124.00 109.00 0.639 times
28 Mon Feb 2022 118.50 109.55 145.00 107.50 0.494 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ecoreco (Ecoreco)

Indicator Name Indicator Value Indicator Signal
ADX 16, 19, 7 Sell
MACD 0, 1Sell
Stochastics 18Sell
CCI -102Sell
RSI 61Buy
OBV -31539Sell
VWAP 123Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Ecoreco ( (Ecoreco) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ecoreco ( (Ecoreco) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Ecoreco ( (Ecoreco) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ecoreco ( (Ecoreco) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Ecoreco stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ecoreco in short term but the sell signal is initial and weak.

Ecoreco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ecoreco in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Ecoreco is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 122.57 and Ecoreco (Ecoreco) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Ecoreco (Ecoreco) stock. Volume based technical analysis of Ecoreco (Ecoreco) stock is negative.

Ecoreco Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Ecoreco charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme