Country Icon

Echo Therapeutics, Inc. (ECTE) - Buy, Sell or Hold?

Sector: Health Care   Sub-Sector: Biotechnology: Electromedical & Electrotherapeutic Apparatus
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Thu, 15 Jun 2017Gravestone DojiDojiTue, 02 May 20170%
***Stock database and scans are updated around midnight (New York time) every trading day.
0.04 0.00 (0%) Jun 23 11:53am EDT
Open: 0.0385 Range: 0.0385 - 0.0385 Vol: 10.27K Avg Vol: 29.52K
EPS: -1.34 P/E ratio: 0.00 EBITDA: 0.00 Mkt Cap: N/A
Analyze "ECTE" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 0.04
Medium Term: Trading is Range Bound
Last Trade is below the 20 day moving average at 0.04
Last Trade is below the 50 day moving average at 0.07
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 0.27
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of ECTE

Stock Trend Analysis - Buy, Sell or Hold "Echo Therapeutics, Inc." (ECTE)?

ECTE is in a very strong downtrend. For the last 52 weeks, ECTE has maintained to stay firmly below the 200 day moving average for 90% of the time. Rallies will be sold into until the downtrend reverses. For the medium term, the 50 day moving average is generally in a trading range with a bearish downward bias. The 20 day moving average is indicating very strong downtrend as ECTE has been trading below its 20 SMA for 97.5% of the time in the last 8 weeks. ECTE may be overdue for a relief rally but it has to be noted that as ECTE is still in a downtrend characterized by the 200 SMA, currently at 0.27, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "ECTE".

The analyst consensus estimates for the 1 year price target for this stock is $2.00* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Thu, 15 Jun 2017
Health Care Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
WMGIWright Medical Group, Inc.Buy, Sell or HoldTrading Levels & Pivots
NPDChina Nepstar Chain Drugstore LtdBuy, Sell or HoldTrading Levels & Pivots
ADUSAddus HomeCare CorporationBuy, Sell or HoldTrading Levels & Pivots
UNHUnitedHealth Group IncorporatedBuy, Sell or HoldTrading Levels & Pivots
ATRCAtriCure, Inc.Buy, Sell or HoldTrading Levels & Pivots
LUNALuna Innovations IncorporatedBuy, Sell or HoldTrading Levels & Pivots
XRAYDENTSPLY International Inc.Buy, Sell or HoldTrading Levels & Pivots
CYHCommunity Health Systems, Inc.Buy, Sell or HoldTrading Levels & Pivots
WCGWellCare Helath Plans, Inc.Buy, Sell or HoldTrading Levels & Pivots
NYMXNymox Pharmaceutical CorporationBuy, Sell or HoldTrading Levels & Pivots