Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
ECA MARCELLUS TRUST I (NASDAQ:ECTM)
Strong Downtrend (-100) - ECTM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ECTM continues to fall. 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 2.120
The intermediate-term trend has been DOWN since Oct 5th, 2023 at 0.705
The short-term trend has been DOWN since Nov 10th, 2023 at 0.582
Smart Scan Analysis for ECTM
Based on our trend formula, ECTM is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).