Okeanis ECO TankersECO
Auto-detected technical analysis for ECO · data as of Aug 31, 2026. The chart above is live; the read below updates daily.
ECO is breaking down from a rising wedge — a sign the recent run may be rolling over.
As long as price stays below $102.6, it's in play — if it trades back above there, the trade is over.
The move's natural target sits near $78.18.
No chart pattern is currently detected on ECO. TradingPal scans ECO daily — check the live chart above for the latest.
ECO's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on Sep 9, 2026 near $71.78, then reached its target at $77.55 on Sep 23, 2026 — a 8.0% move (+2.58R) over 10 sessions. Across 151,067 backtested rising wedges, this setup wins 38.0% of the time.
Every completed pattern trade our nightly backtest found on ECO's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising wedge | Sep 9, 2026 @ $71.78 | Sep 23, 2026 @ $77.55 | Win | +8.4% · +2.58R |
| Rising wedge | Aug 26, 2026 @ $63.00 | Aug 27, 2026 @ $66.25 | Loss | +4.7% · -1.00R |
| Rising wedge | Aug 13, 2026 @ $65.61 | Sep 23, 2026 @ $77.55 | Win | +4.3% · +2.03R |
| Rising wedge | Aug 6, 2026 @ $63.38 | Sep 23, 2026 @ $77.55 | Win | +4.7% · +3.41R |
| Rising wedge | Aug 5, 2026 @ $63.00 | Aug 27, 2026 @ $64.03 | Win | +4.8% · +0.26R |
| Triangle | Jul 30, 2026 @ $59.97 | Sep 23, 2026 @ $77.55 | Win | +15.2% · +6.24R |
| Triangle | Jul 24, 2026 @ $58.95 | Sep 23, 2026 @ $77.55 | Win | +15.1% · +6.98R |
| Rising wedge | May 26, 2026 @ $52.60 | May 28, 2026 @ $48.73 | Win | +7.4% · +0.80R |
| Triangle | May 22, 2026 @ $53.24 | Jul 16, 2026 @ $57.46 | Loss | +25.8% · -1.00R |
| Rising wedge | Apr 30, 2026 @ $55.88 | May 27, 2026 @ $52.72 | Loss | +7.2% · -1.48R |
| Triangle | Apr 17, 2026 @ $52.63 | May 29, 2026 @ $47.43 | Loss | +25.5% · -1.46R |
| Rising wedge | Feb 19, 2026 @ $45.92 | Mar 5, 2026 @ $50.02 | Win | +14.8% · +0.93R |
Price found a floor near $58.08 about 8 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $71.07 — still about 6% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 31, 2026 | $67.34 | $67.44 | $65.80 | $67.01 |
| Aug 28, 2026 | $66.53 | $67.81 | $65.82 | $66.86 |
| Aug 27, 2026 | $64.03 | $66.79 | $63.97 | $66.34 |
| Aug 26, 2026 | $63.00 | $63.33 | $61.90 | $62.28 |
| Aug 25, 2026 | $64.62 | $65.31 | $64.13 | $65.04 |
| Aug 24, 2026 | $64.01 | $65.54 | $63.77 | $65.14 |
| Aug 21, 2026 | $64.20 | $66.25 | $64.18 | $64.71 |
| Aug 20, 2026 | $64.20 | $64.89 | $63.11 | $64.10 |
| Aug 19, 2026 | $63.97 | $64.68 | $62.97 | $64.24 |
| Aug 18, 2026 | $61.88 | $62.26 | $61.00 | $62.03 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.