Eco Innovation Group Inc (ECOX)

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CHART ANALYSIS FOR NEWCOMERS

NOTE: There are many indicators here. Choose one or two that apply to your trading techniques. These are helpful tools to assist with your fundamental analyses.

The Average Directional Index (ADX) indicator measures the strength of a trend and can be useful to determine if a trend is strong or weak. The black line on the indicator represents the momentum. This increased from 23.213 on May 15 to 25.043 today. With today's news, I'm expecting the momentum to continue trending upwards.

Chaikin Money Flow (CMF) is a technical analysis indicator used to measure Money Flow Volume over a set period of time. Money Flow Volume is a metric used to measure the buying and selling pressure of a security for single period. Yesterday's indicator showed selling pressure of -.0366 to a major turn around today at 0.8326. The buying power is expected to continue.

Chaikin Oscillator measures the momentum of the Accumulation Distribution Line using the MACD formula. This makes it an indicator of an indicator. This indicator is designed to anticipate directional changes in the Accumulation Distribution Line by measuring the momentum behind the movements. On May 15, the oscillator showed 3,065,636 with an enormous jump today at 222,706,428. The momentum is practically on fire!!!

Relative Strength Index(RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30. May 15 showed an RSI of 43.12 with a jump today at 70.58. This is exactly where we want to be.

StochRSI is an oscillator that measures the level of the Relative Strength Index relative to its high-low range over a set time period. May 15 showed SRSI to be at 17.6974 with a leap to 100.00 today. This is expected to settle while remaining in the positive. The price should continue to rise.

Bollinger Bands® are volatility bands placed above and below a moving average. Volatility is based on the standard deviation, which changes as volatility increases and decreases. The bands automatically widen when volatility increases and narrow when volatility decreases. Volatility has increased from 0.0004 yesterday to 0.0006 today. This shows incredible strength in the short term with stability at a higher PPS in the long term.