Stock Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
ECA MARCELLUS TRUST I (NASDAQ:ECTM)
Long-Term Downtrend (-90) - ECTM is in a strong downtrend that is likely to continue. While ECTM is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ECTM?
MarketClub looks at technical strength and momentum to determine if the timing is right for ECTM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ECTM
The long-term trend has been DOWN since Dec 28th, 2022 at 2.12
The intermediate-term trend has been DOWN since Mar 14th, 2023 at 1.32
The short-term trend has been DOWN since Mar 27th, 2023 at 1.35
Smart Scan Analysis for ECTM
Based on our trend formula, ECTM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).