Technical Analysis for ECA - Encana Corp

Grade Last Price % Change Price Change
grade F 3.94 -14.53% -0.6700
ECA closed down 14.53 percent on Friday, November 29, 2019, on 40 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Down
Historical ECA trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Hot IPO Pullback Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Gapped Down Weakness 0.00%
Narrow Range Bar Range Contraction -14.53%
Narrow Range Bar Range Contraction -16.53%
Gapped Up Strength -16.53%
New 52 Week Closing Low Bearish -8.58%
Older signals for ECA ...

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Profile

Encana Corporation, together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. The company holds interests in various assets, including the Montney in northern British Columbia and northwest Alberta; Duvernay in west central Alberta; and other upstream operations comprising Wheatland in southern Alberta, Horn River in northeast British Columbia, and Deep Panuke located in offshore Nova Scotia in Canada. It also owns interests in assets consisting of the Eagle Ford in south Texas and Permian in west Texas; and San Juan in northwest New Mexico. The company primarily markets its products to refiners, local distribution companies, energy marketing companies, and electronic exchanges. Encana Corporation was founded in 1971 and is headquartered in Calgary, Canada.
Natural Gas Oil S&P/Tsx 60 Index Natural Gas Liquids Geology Geography Of Canada Western Canadian Sedimentary Basin Encana Energy Marketing Montney Formation Frasnian Stage Geological History Of Earth

Is ECA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 14.085
52 Week Low 3.9
Average Volume 19,856,358
200-Day Moving Average 0.0000
50-Day Moving Average 0.0000
20-Day Moving Average 0.0000
10-Day Moving Average 6.5010
Average True Range 1.0586
ADX 0.0
+DI 20.2224
-DI 66.4831
Chandelier Exit (Long, 3 ATRs ) 10.9092
Chandelier Exit (Short, 3 ATRs ) 7.0758
Upper Bollinger Band 0.0000
Lower Bollinger Band 0.0000
Percent B (%b) 0.0
BandWidth 0.0000
MACD Line -1.8842
MACD Signal Line -0.9758
MACD Histogram -0.9084
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.0750
Resistance 3 (R3) 4.0767 4.0333 4.0525
Resistance 2 (R2) 4.0333 3.9990 4.0325 4.0450
Resistance 1 (R1) 3.9867 3.9777 3.9650 3.9850 4.0375
Pivot Point 3.9433 3.9433 3.9325 3.9425 3.9433
Support 1 (S1) 3.8967 3.9090 3.8750 3.8950 3.8425
Support 2 (S2) 3.8533 3.8877 3.8525 3.8350
Support 3 (S3) 3.8067 3.8533 3.8275
Support 4 (S4) 3.8050