RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ECC
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Eagle Point Credit Company Inc stock price down 0.197% on Thursday
(Updated on Mar 28, 2024)

Sell candidate since Mar 27, 2024 Loss -0.20% PDF

The Eagle Point Credit Company Inc stock price fell by -0.197% on the last day (Thursday, 28th Mar 2024) from $10.13 to $10.11. During the last trading day the stock fluctuated 0.595% from a day low at $10.09 to a day high of $10.15. The price has fallen in 4 of the last 10 days and is down by -0.3% for this period. Volume has increased on the last day by 55 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 675 thousand shares were bought and sold for approximately $6.82 million.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.87% during the next 3 months and, with a 90% probability hold a price between $10.07 and $10.61 at the end of this 3-month period.

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ECC Signals & Forecast

The Eagle Point Credit Company Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $10.04 and $10.05. A breakdown below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -1.46%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Tuesday, March 26, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Tuesday, March 26, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Eagle Point Credit Company Inc stock

Eagle Point Credit Company Inc finds support from accumulated volume at $10.09 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0600 between high and low, or 0.595%. For the last week the stock has had daily average volatility of 0.558%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ECC) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Eagle Point Credit Company Inc to open at $10.12, and during the day (based on 14 day Average True Range), to move between $10.02 and $10.20, which gives a possible trading interval of +/-$0.0887 (+/-0.88%) up or down from last closing price. If Eagle Point Credit Company Inc takes out the full calculated possible swing range there will be an estimated 1.75% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $10.09 (0.20%) than the resistance at $10.13 (0.20%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Eagle Point Credit Company Inc stock A Buy?

The Eagle Point Credit Company Inc stock holds several negative signals and despite the positive trend, we believe Eagle Point Credit Company Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.721 Sell Candidate Unchanged

Predicted Opening Price for Eagle Point Credit Company Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$10.12 ( 0.0659%) $10.11

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ECC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 10.18 0.659 %
R2 10.15 0.433 %
R1 10.14 0.293 %
Current price: 10.11
Support S1 10.09 -0.161 %
S2 10.08 -0.301 %
S3 10.06 -0.528 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 10.18 0.692 %
R2 10.14 0.297 %
R1 10.13 0.198 %
Current price 10.11
Support S1 10.09 -0.198%
S2 10.06 -0.495%
S3 10.00 -1.09%

ECC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 20, 2024 Jun 10, 2024 Jun 28, 2024 $0.160 1.58%
2 Feb 16, 2024 May 10, 2024 May 31, 2024 $0.160 1.58%
3 Feb 13, 2024 Apr 09, 2024 Apr 30, 2024 $0.160 1.58%
4 Nov 14, 2023 Mar 07, 2024 Mar 28, 2024 $0.140 1.38%
5 Nov 13, 2023 Feb 08, 2024 Feb 29, 2024 $0.140 1.39%

FAQ

What is the symbol for Eagle Point Credit Company Inc Stock and on which exchange is it traded?
The symbol for Eagle Point Credit Company Inc is ECC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Eagle Point Credit Company Inc Stock?
The Eagle Point Credit Company Inc stock holds several negative signals and despite the positive trend, we believe Eagle Point Credit Company Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Eagle Point Credit Company Inc Stock?
Eagle Point Credit Company Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Eagle Point Credit Company Inc Stock.

What's the current price of Eagle Point Credit Company Inc Stock?
As of the end of day on the 2024-03-28, the price of an Eagle Point Credit Company Inc (ECC) share was $10.11.

What is the 52-week high and low for Eagle Point Credit Company Inc Stock?
The 52-week high for Eagle Point Credit Company Inc Stock is $11.79 and the 52-week low is $8.60.

What is the market capitalization of Eagle Point Credit Company Inc Stock?
As of the 2024-03-28, the market capitalization of Eagle Point Credit Company Inc is 777.945M.

When is the next earnings date for Eagle Point Credit Company Inc?
The upcoming earnings date for Eagle Point Credit Company Inc is May 21, 2024.
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About Eagle Point Credit Company Inc

Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.... ECC Profile

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