Country Icon

Encana Corporation (ECA) - Buy, Sell or Hold?

Sector: Energy   Sub-Sector: Oil & Gas Production
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 20 Oct 2017NoneDojiFri, 06 Oct 20171.34%
***Stock database and scans are updated around midnight (New York time) every trading day.
11.16 0.00 (0%) Oct 23 2:35pm EDT
Open: 11.43 Range: 11.16 - 11.44 Vol: 4.48M Avg Vol: 12.43M
EPS: 0.84 P/E ratio: 13.56 EBITDA: 1.68B Mkt Cap: 11.07B
Analyze "ECA" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 11.49
Medium Term: Trading is Range Bound
Last Trade is below the 20 day moving average at 11.50
Last Trade is above the 50 day moving average at 10.41
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 10.73
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of ECA

Stock Trend Analysis - Buy, Sell or Hold "Encana Corporation" (ECA)?

ECA is in a long term trading range with an upward bias. The last 52 weeks has seen this stock maintain an upward swing with about 62% of the time spent trading above the 200 day moving average. The 50 day moving average also indicates range bound trading but with a general bullish upside bias. Even the 20 day moving average is exhibiting similar bullish bias in a trading range. For adventurous traders, once a trading range is identified, a viable strategy is to short breakouts and buy breakdowns with the expectation ECA will return into the established trading range. However, a more conservative and higher probability trade is to still buy dips as the longer term trend is still up. A good place to accummulate longs is at the 200 SMA currently near 10.73. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "ECA".

The analyst consensus estimates for the 1 year price target for this stock is $14.39* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 20 Oct 2017
Energy Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
ECEcopetrol S.A.Buy, Sell or HoldTrading Levels & Pivots
KOSKosmos Energy Ltd.Buy, Sell or HoldTrading Levels & Pivots
FCELFuelCell Energy, Inc.Buy, Sell or HoldTrading Levels & Pivots
TOTTotalFinaElf, S.A.Buy, Sell or HoldTrading Levels & Pivots
AHGPAlliance Holdings GP, L.P.Buy, Sell or HoldTrading Levels & Pivots
LIMElime energy co.Buy, Sell or HoldTrading Levels & Pivots
SBRSabine Royalty TrustBuy, Sell or HoldTrading Levels & Pivots
CLMTCalumet Specialty Products Partners, L.P.Buy, Sell or HoldTrading Levels & Pivots
MPCMarathon Petroleum CorporationBuy, Sell or HoldTrading Levels & Pivots
CEOCNOOC LimitedBuy, Sell or HoldTrading Levels & Pivots